Bubblemaps Is a Blockchain Analysis Tool That Transforms Complex Data into Interactive Bubble Maps

Bubblemaps is a blockchain analysis tool that transforms complex data into interactive bubble maps, making it easier for users to identify wallet connections and token activity.

Jakarta, Pintu News – In a move to simplify the complexities of blockchain analysis, KuCoin, a renowned cryptocurrency exchange, introduces Bubblemaps. This innovative tool transforms complex blockchain data into interactive and colorful bubble maps, making it easier for users to identify wallet connections and token activity.

With its unique visual approach, Bubblemaps opens up new avenues in on-chain analysis, rendering it more accessible and comprehensive.

What is Bubblemaps?

KuCoin says Bubblemaps is the first supply audit tool designed specifically for DeFi tokens and NFTs. The tool converts complex blockchain data into interactive and colorful bubble maps, making it easy for users to understand token distribution and connections between wallets.

With Bubblemaps, users can investigate wallets, cut through the noise that often occurs in blockchain data, and focus on what matters.

The platform uses visuals that are easily digestible by the brain. Each bubble represents a wallet, and its size indicates the number of tokens held. The larger the bubble, the more tokens are held.

Lines connecting bubbles indicate direct interactions, such as transfers between wallets, which helps visualize the movement of tokens clearly.

Read also: SEC Lead Candidate’s Wealth Reaches $327 Million, How Will It Affect Crypto Regulation?

Uncovering Hidden Activity with Case Studies

Bubblemaps has been used in several real-life case studies demonstrating its ability to highlight blockchain activity. Some examples include the $107 million liquidity outflow case on LIBRA, the celebrity-backed pre-launch sale on HAWK, and the illusion of decentralization on Uniswap (UNI).

The tool also successfully uncovered hidden whale clusters on Shiba Inu (SHIB) and wash trading practices on Squiggles NFT. Each of these case studies showcases how Bubblemaps aids in identifying and analyzing specific activities in blockchain data.

By harnessing effective data visualization, users can quickly understand market dynamics and make more informed decisions.

Read also: Celo’s Transition to a Layer-2 Network: A New Era in the Ethereum Ecosystem!

Key Benefits and Features of Bubblemaps

The platform offers various advantages that make blockchain analysis easier and more in-depth. The tool enables simple visual analysis, detects market manipulation, and provides cross-chain insights.

In addition, with community-driven Intel Desk features, the platform increases security and trust and provides real-time data access.

As it grows further, Bubblemaps plans to launch a second version, expand its Intel Desk, forge strategic partnerships, support more blockchains, and develop mobile apps. These initiatives will hopefully strengthen its position as an essential analysis tool.

Conclusion

Crypto analysis tools like Bubblemaps (BMT) simplify blockchain analysis by turning complex data into easy-to-understand visuals. The platform allows users to explore wallet interactions, detect market manipulation, and make better investment decisions. With community-driven features like Intel Desk, the platform encourages transparency and active participation in crypto analysis.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.