BMT Listing on Binance, a Game-Changer for Bubblemaps
Bubblemaps’ token BMT has experienced phenomenal growth following its listing on the Binance platform. Just 24 hours after joining the popular cryptocurrency exchange, BMT’s price surged by almost 30%, reaching a new all-time high of $0.3173.
Currently, the token is trading at $0.22, with a market capitalization of $60 million. Its fully diluted valuation has reached $242 million, showing the excitement generated by this cryptocurrency.
Binance announced the addition of BMT to its platform on March 18, opening trading pairs with major tokens like USDT, USDC, BNB, FDUSD, and TRY. Despite being a relatively young crypto, Binance decided to label BMT as “seed,” highlighting its growth potential.
What is Bubblemaps ?
Launched on March 11, BMT is the native token of Bubblemaps, a non-chain analytics platform focusing on visualizing blockchain data and holding digital assets. The token acts as a governance currency, allowing holders to access advanced features on the platform.
During the Bubblemaps token generation event, the demand was overwhelming, with over 202,990 BNB subscribed, which is 13,500% more than the project’s initial goal. This record fundraising demonstrates the enthusiasm Bubblemaps has garnered in the crypto community.
Since its listing on Binance, BMT’s trading volume has surged, reaching $562 million in the last 24 hours, a rise of 442.8%. Binance alone holds 23.47% of this volume, confirming its role as a catalyst in the cryptocurrency dynamics.
Outlook for BMT Price ?
The BMT listing on Binance marks a pivotal step in Bubblemaps’ development. With the visibility and liquidity provided by the platform, the token has soared, achieving a performance of nearly 30% in just 24 hours and 120% on March 18.
This surge reflects the growing interest of investors in on-chain analytics solutions, a sector booming in the crypto ecosystem. Bubblemaps positions itself as a key player, offering powerful tools to better understand market trends.
From a technical standpoint, the token shows a bearish divergence in its 1-hour RSI. The CMF has also clearly turned red, indicating a slowdown in interest and capital inflow. This could also indicate significant profit-taking.
How to Buy BMT on Bitget ?
You can purchase the BMT token on Bitget right now. Here is a practical guide to acquiring BMT:
- Open a Bitget account
Visit the official Bitget website and sign up with your email or phone number. - Complete KYC verification
Pass identity verification (KYC) by submitting an ID and, if required, proof of address. - Add funds
In “Deposit,” top up your wallet with cryptos (USDT, BTC, etc.) or fiat currency (credit card, bank transfer). Choose your method and follow the instructions. - Locate the BMT market
Go to “Spot Market” or “Trading,” type “BMT” in the search bar, and select the BMT/USDT pair. - Place an order to buy
Opt for a market order (instant purchase) or limit order (defined price). Enter the desired quantity of BMT, verify, and confirm the transaction.
