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Cryptocurrency News Articles

BMT the native token of Bubblemaps, saw a significant 30% surge

Mar 19, 2025 at 10:41 pm

BMT the native token of Bubblemaps, saw a significant 30% surge in just 24 hours after its Binance listing on March 18, 2025.

BMT the native token of Bubblemaps, saw a significant 30% surge

The native token of Bubblemaps (BMT) experienced a striking 30% surge within 24 hours following its listing on Binance on March 18. The token hit a new all-time high of $0.3173 before pulling back to $0.24.

BMT’s trading activity started to escalate significantly as Binance emerged as the top exchange for the token’s volume, with $131 million (23.47% market share) in trades placed on the exchange.

The strong surge in BMT’s trading volume can be attributed to the increased investor interest following the listing of the token on one of the world’s largest crypto exchanges.

On March 18, BMT’s listing on Binance, the world’s largest cryptocurrency exchange, quickly sparked a 28.8% price rally in a matter of hours, launching the token to a new all-time high of $0.3173.

The newly launched token saw its price surge by 45%.

BMT is currently being listed by Binance against major tokens like Tether (USDT), USD Coin (USDC), Binance Coin (BNB), and Flow (USD) for traders to easily buy and sell the token.

The broader cryptocurrency market is showing signs of recovery in 2025, with Bitcoin price above $50,000 and major tokens like BNB, SOL, and ADA also performing well.

As institutional investors increasingly enter the cryptocurrency market, tokens with strong fundamentals and clear use cases are likely to be in high demand.

BMT price is up 45% after Binance listing

The listing of BMT on Binance had an immediate impact on the token’s trading activity. On the last day, BMT trading volume soared by 442.8% to reach $562 million.

According to the data, there was a transaction of $131 million on only Binance, making it the largest platform for BMT trades and the largest market for BMT.

The stellar growth in BMT’s trading volume speaks to the surging interest in the token.

The increased investor activity is likely linked to the unique capabilities of the Bubblemaps platform. Bubblemaps is an on-chain analytics platform that focuses on visualising blockchain data for insightful analysis of token and NFT ownership.

The BMT token, used for governance and utility on the Bubblemaps platform, provides users with access to advanced analytical tools.

The TGE of BMT was completed on March 11 by the team behind the on-chain analytics service, Bubblemaps.

The token raised 202,990 BNB, which is 13500% more than the original target.

The large subscription amount is a testament to the great confidence investors have in Bubblemaps’s technology.

According to market experts, BMT could continue to rise from here, especially as Binance is currently the main contributor to BMT’s volume.

Further listings on other major exchanges could help to increase its market reach even more.

However, Binance has applied a seed tag to the token, which means that it is still relatively new and could be more volatile.

It remains to be seen how BMT will perform in the long term, but the token has certainly gotten off to a strong start in 2025.

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Other articles published on Mar 20, 2025