Bubblemaps (BMT) Guide for Blockchain Analysis: How to Visualize Token Distributions?

Detecting scams and finding genuine investment opportunities in the blockchain world is becoming increasingly difficult. This is where Bubblemaps comes into play. This tool transforms on-chain data into colorful, interactive visuals, helping crypto investors understand complex token distributions.

What is Bubblemaps (BMT): A New Tool for Blockchain Analysis

Bubblemaps is the first audit and visualization platform developed for DeFi tokens and NFTs. By converting complex blockchain data into understandable bubble maps, it enables users to easily identify suspicious wallet activities, token accumulations, and potential market manipulations.

Current BMT Token Data:

• Price: $0.02
• 24-Hour Change: -3.44%
• Daily Trading Volume: $169.86K
• Circulating Supply: 256,180,900
• Total Supply: 1,000,000,000

The platform supports five major blockchain networks: Ethereum, Solana, BNB Chain, Avalanche, and Sonic. It also integrates with popular analysis tools like Etherscan, OpenSea Pro, DexScreener, and DEXTools to facilitate data access.

How Do Bubble Maps Work? Step-by-Step Explanation

The core operation of Bubblemaps is quite intuitive. Each bubble represents a specific wallet, and the size of the bubble is proportional to the amount of tokens held by that wallet. Large bubbles indicate high token balances, while small bubbles show lower balances.

Lines connecting the bubbles indicate token transfers between wallets. This visual representation allows:

• Examining Wallet Details: Clicking on individual bubbles reveals transaction history, balance information, and ranking data.
• Uncovering Hidden Networks: Analyzing connection patterns between wallets helps detect coordinated or suspicious activities.
• Tracking Changes Over Time: The “Time Travel” feature allows analysis of token distribution changes in past periods.
• Personalizing Your Research: Filtering specific wallets, transactions, or token holders helps focus on areas of interest.

Real-World Impact of Bubblemaps: Uncovered Scams

Bubblemaps’ greatest strength is its ability to reveal hidden blockchain activities. Here are some notable cases uncovered by the platform:

LIBRA: $107 Million Hidden Liquidity Exit

Supported by Javier Milei, Solana memecoin LIBRA initially looked promising. However, Bubblemaps revealed that about 82% of the total supply was controlled by a single wallet group. Insiders quietly withdrew over $107 million in liquidity, causing losses for investors.

HAWK: Rapid Collapse of a Prominent Supported Token

Similar issues were found with HAWK, promoted by Hailey Welch. Data analyzed by Bubblemaps showed that 80% of the token supply was controlled by the team, with 16% secretly allocated to pre-sale buyers. When trading started, these pre-sale buyers quickly sold their tokens, crashing the price.

Uniswap (UNI): Illusion of Decentralization

Bubblemaps detected that on Uniswap, a decentralized exchange, the wallet linked to investor Andreessen Horowitz’s (a16z) controlled over 4% of UNI tokens. This poses a significant centralization risk in protocol governance.

Shiba Inu (SHIB): Whale Cluster Uncovered

Despite SHIB’s seemingly decentralized structure, Bubblemaps identified a hidden whale group holding over 10% of the total supply. These tokens, bought with just $10,000 in 2020, were distributed across multiple wallets to conceal ownership.

Squiggles NFT: Wash Trading Scandal

In the Squiggles NFT collection, Bubblemaps visualized continuous ETH transfers among three main wallets and 25 others, providing evidence of wash trading activities. These circular movements artificially inflated trading volumes and floor prices.

BMT Tokenomics and Use Cases

Why Use BMT?

Bubblemaps Token (BMT) is at the heart of the platform ecosystem. BMT holders can:

• Propose and vote on major scam investigations via the Intel Desk
• Access premium features like profit-loss calculations, cross-chain analysis, and AI-supported wallet cluster interpretation
• Contribute to platform development and earn rewards

How Is Token Distribution Structured?

BMT has a total supply of 1 billion tokens, evenly distributed between BNB Chain and Solana:

Solana Side:

• The deployer wallet initially held approximately 75.7% of the total supply (757 million tokens)
• 348.8 million BMT were locked in a Vesting Contract for controlled distribution
• 408.1 million BMT were transferred to BNB Chain via LayerZero OFT
• The current vesting contract holds 384 million BMT, allocated for gradual community distribution

BNB Chain Allocations (Secured via Unicrypt):

• Protocol Development & R&D: 60 million BMT
• Team (Current & Future): 90 million BMT
• Ecosystem & Community: 206.7 million BMT
• Liquidity: 51.45 million BMT

This dual-chain approach aims to foster balanced growth by increasing liquidity on both networks and enhancing community participation.

How to Use Bubblemaps? Beginner’s Guide

Accessing the platform and performing analysis can be completed in four steps:

1. Visit the Platform: Go to bubblemaps.io and click “Launch App”
2. Select Network: Choose Ethereum, Solana, BNB Chain, Avalanche, or Sonic
3. Search Token or Wallet: Enter token symbol or wallet address in the search bar
4. Analyze Visuals: Interact with the bubble map to examine token distribution and wallet connections

Why Is Bubblemaps Important?

Simple Yet Powerful Visualization: Converts complex transaction data into intuitive visuals, making analysis accessible without technical expertise.

Manipulation Detection: Quickly identifies suspicious activities like coordinated sales, whale accumulation, and wash trading, protecting investors.

Cross-Chain Advantage: Enables analysis across Ethereum, Solana, BNB Chain, and other networks from a single platform.

Community Engagement: Users can propose investigations via the Intel Desk and actively participate in combating scams.

Real-Time Monitoring: Tracks token activity live, allowing for immediate decision-making.

Bubblemaps Roadmap: Future Updates

The platform has important plans for continuous development:

• Bubblemaps V2: Introducing advanced P&L calculations, cross-chain analysis, and AI-supported commentary features
• Decentralization of Intel Desk: Transitioning into a fully decentralized review platform with governance rights for BMT holders
• New Chain Support: Integrating additional blockchain networks
• Mobile App: Launching a user-friendly mobile app for on-the-go access
• Strategic Partnerships: Deepening integrations with leading analysis platforms and exchange operators

Conclusion: Blockchain Analysis Made More Accessible

Bubblemaps (BMT) democratizes blockchain analysis by providing any crypto investor with professional tools. Its ability to uncover hidden scams, understand token distributions, and make informed decisions through visualization and data is vital.

With community-driven mechanisms like Intel Desk, Bubblemaps supports transparency and accountability in the crypto ecosystem. However, as with all crypto investments, using this tool does not eliminate all risks. Always conduct your own research, assess potential losses, and invest according to your risk tolerance.