Blockchain Intelligence Platform Bubblemaps has launched a public version of its V2 product offering new tools that help users detect insider activity and prevent Memecoin-related scams.
Announced on May 29th, the Bubblemaps V2 continues its private beta testing period, attracting over 200,000 users. New features include “magic nodes” that reveal hidden wallet connections between token holders, and “time travel,” a tool that reconstructs the historical distribution of tokens, which may detect early insider activity or coordinated accumulation efforts.
“Crypto’s historical data is notoriously difficult to access as it is buried under infinite new transactions,” Nicolas Vaiman, CEO of Bubblembaps, told Cointelegraph.
“Time travel changes that. It’s like seeing a big bang, from the first burst of a single bubble to fully grown distribution,” he said.
This tool allows users to rewind the entire lifecycle of the token and the evolving distribution structure. This allows you to find “early indications of an operation or tuned dump”.
Related: SUI validators vote for the $162 million Cetus Recovery Plan to restore user funds
Discovering tokens with a large portion of the supply concentrated in some wallets can help investors detect frauds such as rag pull. Insiders remove liquidity or set the stage for massive sales, leading to a sudden price collapse that leaves investors with unworthy tokens.
The massive lagpur collided with the crypto industry on March 16th after the Wall Street-inspired wolf suddenly collapsed.
Memecoin saw a 99% crash and wiped out most of its $42 million market capitalization within hours. Over 82% of the supply of tokens were held by a single entity. This is the main red flag of cryptocurrency.
Bubble Map played a key role in uncovering suspicious wallet activities related to multiple memokines, including Melania Tokens and fake Eric Trump-themed Memecoin.
Related: Coinbase faces $400 million invoice after insider phishing attack
A pioneer in the “Infofi” era for Web3 users
According to Bubblemaps, the tool will help structured blockchain data become the basis for “Crypto’s next financial layer,” form part of the growing era of information finance (INFOFI) and bring more powerful forensic tools to investors.
“Solana has proven that real-time transparency is no longer an option, and that’s what we expect,” Weiman said.
“This fits perfectly with Infofi’s movement and provides the tools for users to turn raw on-chain data into clear, actionable information.”
The platform is integrated with some of the most widely used protocols in Solana, including MemeCoin Launch Platform Pump.fun, Dex Screener, Photon, and Bullx, and aims to serve as a core analysis of the Solana blockchain.
The Bubblemaps V2 is also available at Ethereum, BNB Chain, Base, Tron and Apechain.
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