Blockchain analytics and visualization platform Bubblemaps is announcing the launch of a new native token alongside the release of new features aimed at turning investors into investigators.
In a new announcement on the social media platform X, Bubblemaps introduces the Bubblemaps Token (BMT), the platform’s first native coin.
“ANNOUNCING BMT
The official Bubblemaps Token – powering the upcoming Intel Desk.
Soon.”
Bubblemaps, which launched in 2021, visualizes blockchain data by representing digital wallets as interconnected bubbles, which aims to allow users to spot potential red flags, such as concentrated token holdings that could indicate market manipulation risks or other signals.
Bubblemaps also announced the launch of a new feature called The Intel Desk in the posting.
“The Intel Desk is the first community-driven investigation platform
With BMT, users will:
- Submit cases
- Vote on what cases matter most
- Allocate on-chain sleuthing resources”
According to the announcement, BMT will launch on Solana (SOL) and will give holders access to “advanced” features within the platform itself.
Last year, Bubblemaps was involved in the investigation of wrestler Hulk Hogan’s alleged pump-and-dump scheme.
“Insiders bought 15% of HULK before it was announced
We have found 5 connected wallets that were bought on http://pump.fun before Hulk Hogan shared the contract.
Already $200,000 sold and ~$1.5 million unrealized.”
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