Bubblemaps’ native token, BMT, surged by nearly 30% following its recent debut on a major cryptocurrency exchange. Just a day earlier, the token achieved a new all-time high.
Data reveals that the BubbleMaps token saw an increase of 28.8% only one day after its listing, reaching a peak of nearly 45% to hit an all-time high of $0.3173.
As of the latest updates, BMT is trading at $0.24, with a market capitalization of $62 million. The token’s fully diluted valuation is recorded at $242 million.
The exchange listed BMT on March 18 at 15:00 UTC, allowing trading pairs with major tokens such as USDT, USDC, BNB, FDUSD, and TRY. However, users were cautioned that due to the token’s nascent status in the market, it will be classified with a seed tag.
Despite its recent introduction, the exchange is already the leading platform for BMT’s trading activity, accounting for over 23.47% of the token’s trading volume. In just 24 hours, trading volume reached $131 million.
Bubblemaps’ overall trading activity surged 442.8%, totaling $562 million in the past day, indicating substantial market engagement since the token’s exchange listing.
Launched on March 11, BMT is the governance utility token for Bubblemaps, an on-chain analytics platform that offers blockchain data visualization for token analytics and NFT ownership. BMT token holders gain access to premium analytical features on the platform.
During its token generation event, Bubblemaps garnered an impressive 202,990 BNB in subscriptions, surpassing the project’s initial target by 13,500%.
Disclosure: This article does not constitute investment advice. The content provided is for educational purposes only.
