Over the past month, the meme coin market has picked up significantly: PEPE +40%, BONK +160%, PENGU +300%.
The funds are back on the chain, and I recently started checking project data again and reusing some old tools.
The biggest fear of playing memes is being smashed. The new currency pulled fiercely, and the result was that it was all controlled by insiders.
Bubblemaps are useful in this case, and I now basically open every coin before buying it to check the address distribution.
The map is clear at a glance, who is controlling the board, whether the chips are concentrated or not, and you can know it in a few seconds.
I am getting more and more used to using this tool, and as the meme market becomes hot, its active users have also increased significantly.
Its token $BMT, I myself am around 0.08, looking at this token that is strongly bound to the meme cycle and has real demand for use, the position is not high, and I haven't moved yet, continue to hold it.
Tool Portal:
With the addition of a little $BMT, the market will pick up, and there will be a wave of market for projects with practical applications in the tool category.
What it does @bubblemaps itself is an on-chain visual analysis tool, and the core of what it does is to convert the on-chain behaviors such as whale movements, fund gathering, and wallet association into images. It has practical uses for trading, risk control, and investment research, and is a project that really has products running in the InfoFi track.
Binance and Bithumb were just launched in the second quarter, and Sonic, TON, BNB, ApeChain and other ecosystems have been integrated. Feature updates haven't stopped, with Magic Nodes and Time Travel already on the ground, followed by Intel Desk, which focuses on on-chain surveys.
BMT's positioning is biased towards infrastructure, with users and revenue, and callbacks may be opportunities, and the follow-up performance of projects with practical applications will not be bad.
53.72K
140
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.