Bubblemaps launches ‘Time Travel’ tool for insider activity, rug pulls

2 weeks ago

Blockchain quality level Bubblemaps has launched the nationalist mentation of its v2 product, offering caller tools to assistance users observe insider enactment and forestall memecoin-related scams.

Announced connected May 29, Bubblemaps v2 follows a backstage beta investigating play that attracted implicit 200,000 users. New features see “Magic Nodes,” which uncover hidden wallet connections among tokenholders, and “Time Travel,” a instrumentality that reconstructs the humanities organisation of tokens, perchance detecting aboriginal insider enactment oregon coordinated accumulation efforts.

“Historical information successful crypto is notoriously hard to entree due to the fact that it gets buried nether endless caller transactions,” Bubblemaps CEO Nicolas Vaiman told Cointelegraph.

“Time Travel changes that. It’s similar watching a Big Bang, from the archetypal burst of a azygous bubble to a full-grown distribution,” helium said.

The instrumentality allows users to rewind the token’s full beingness rhythm and evolving organisation structure, which volition assistance them spot “early signs of manipulation oregon coordinated dumps,” Vaiman added.

Spotting tokens with a ample information of the proviso concentrated crossed a fewer wallets tin assistance investors observe scams specified as rug pulls, wherever insiders region liquidity oregon signifier a wide sell-off, resulting successful a steep terms illness that leaves investors with worthless tokens.

A large-scale rug propulsion deed the crypto manufacture connected March 16 aft the abrupt illness 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 saw a 99% crash, wiping retired astir of its highest $42 cardinal marketplace capitalization wrong a fewer hours. Over 82% of the token’s proviso was held by a azygous entity, a large reddish emblem for immoderate cryptocurrency.

Bubblemaps played a cardinal relation successful uncovering suspicious wallet enactment related to aggregate memecoins, including the Melania token and an array of fake Eric Trump-themed memecoins.

Ushering successful the “InfoFi” epoch for Web3 users

Bubblemaps said its tools assistance structured blockchain information go the instauration of “crypto’s adjacent fiscal layer,” forming portion of the increasing accusation concern (InfoFi) era, bringing much almighty forensic tools to investors.

“Solana proved that real-time transparency is nary longer optional, it’s expected,” Vaiman said, adding:

“This fits close into the InfoFi movement, giving users the tools to crook earthy onchain information into clear, actionable information.”

The level is integrated with immoderate of the astir wide utilized protocols connected Solana, including the memecoin motorboat level Pump.fun, DEX Screener, Photon and Bullx, aiming to service arsenic the halfway analytics aboriginal for the Solana blockchain.

Bubblemaps v2 is besides disposable connected Ethereum, BNB Chain, Base, Tron and ApeChain.