BMT rallied for the second consecutive day as it is set to be listed on the South Korean exchange Bithumb today, following its recent listing on Binance Futures.
Bubblemaps (BMT) rose to an all-time high of $0.22 on Mar. 18 Morning Asian time, marking a 125% surge over the past day while extending its profits to over 200% from its weekly low of $0.073. The altcoin market cap was seated at $54.1 million while its daily trading volume was up 260%, hovering around $107 million.
The altcoin rallied after Bithumb, a major South Korea-based crypto exchange, announced the addition of a KRW trading pair for the BMT token at 4:00 PM KST on Tuesday, March 18, 2025. Deposits and withdrawals will open within two hours of the notice, but only on the Solana network.
Bubblemaps will have an initial price of 211 yen, and traders must wait for 20 deposit confirmations before transactions can be processed.
Bithumb has set some temporary rules for the launch. For the first five minutes, buyers can’t place any orders, and sellers can only set prices between -10% and +100% of the base price. Also, automated trading will only kick in after the first trade happens.
BMT’s gains are also fueled by the excitement around its Binance Futures listing yesterday, which came after its March 11 token generation event on Binance Wallet. On top of that, OKXFUN also added BMT for trading with 5X leverage yesterday.
The airdrop is now live, letting eligible users claim their tokens through the BMT claim portal. But with the price climbing and trading volume picking up, it looks like many claimants are choosing to hold onto their BMT tokens rather than sell.
When writing, community sentiment on X was largely bullish, with many expecting the rally to continue. See below.
Longed. pic.twitter.com/eaxUEnDyHs
— Nihilus (@NihilusBTC) March 17, 2025
What is Bubblemaps?
Bubblemaps, a popular crypto data tool, launched its own token, BMT, on the Solana blockchain on Mar. 11. There’s a total of 1 billion BMT, and it works as a utility token, giving users access to special features that aren’t available in the free version.
Last November, Bubblemaps took things up a notch by launching Bubblemaps V2 Beta. The update brought several new features, including access to full historical data of a token’s distribution, cross-chain visualizations, and tools to track profit and loss for specific wallets and clusters.
BMT also plays a role in IntelDesk, Bubblemaps’ investigative platform that lets the community dig into blockchain activity. Users can submit cases they want to be investigated, vote on which ones should be prioritized, and help direct on-chain research efforts.
