Blockchain intelligence platform Bubblemaps has launched the general public model of its v2 product, providing new instruments to assist customers detect insider activity and stop memecoin-related scams.
Introduced on Could 29, Bubblemaps v2 follows a personal beta testing interval that attracted over 200,000 customers. New options embrace “Magic Nodes,” which uncover hidden pockets connections amongst tokenholders, and “Time Travel,” a software that reconstructs the historic distribution of tokens, doubtlessly detecting early insider activity or coordinated accumulation efforts.
“Historic knowledge in crypto is notoriously onerous to entry as a result of it will get buried underneath limitless new transactions,” Bubblemaps CEO Nicolas Vaiman instructed Cointelegraph.
“Time Travel adjustments that. It’s like watching a Large Bang, from the preliminary burst of a single bubble to a full-grown distribution,” he mentioned.
The software permits customers to rewind the token’s whole life cycle and evolving distribution construction, which can assist them spot “early indicators of manipulation or coordinated dumps,” Vaiman added.
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Recognizing tokens with a big portion of the provision concentrated throughout a couple of wallets might help buyers detect scams such as rug pulls, the place insiders take away liquidity or stage a mass sell-off, leading to a steep worth collapse that leaves buyers with nugatory tokens.
A big-scale rug pull hit the crypto trade on March 16 after the sudden collapse of the Wolf of Wall Street-inspired WOLF token, created by Hayden Davis, the co-creator of the Official Melania Meme (MELANIA) and the Libra token.
The memecoin noticed a 99% crash, wiping out most of its peak $42 million market capitalization inside a couple of hours. Over 82% of the token’s provide was held by a single entity, a significant crimson flag for any cryptocurrency.
Bubblemaps performed a key position in uncovering suspicious pockets activity associated to a number of memecoins, together with the Melania token and an array of faux Eric Trump-themed memecoins.
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Ushering within the “InfoFi” period for Web3 customers
Bubblemaps mentioned its instruments assist structured blockchain knowledge turn into the muse of “crypto’s subsequent monetary layer,” forming a part of the rising data finance (InfoFi) period, bringing extra highly effective forensic instruments to buyers.
“Solana proved that real-time transparency is now not non-compulsory, it’s anticipated,” Vaiman mentioned, including:
“This suits proper into the InfoFi motion, giving customers the instruments to show uncooked onchain knowledge into clear, actionable data.”
The platform is built-in with among the most generally used protocols on Solana, together with the memecoin launch platform Pump.enjoyable, DEX Screener, Photon and Bullx, aiming to function the core analytics later for the Solana blockchain.
Bubblemaps v2 can also be out there on Ethereum, BNB Chain, Base, Tron and ApeChain.
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Cointelegraph by Zoltan Vardai Bubblemaps V2 launches Time Travel for rug pulls, insider activity cointelegraph.com 2025-05-29 10:45:00
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