BMT Rallies as Bithumb Listing Approaches

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) reached an all-time high of $0.22 on March 18, marked by a 125% surge within the day, extending its weekly gains to over 200% from a low of $0.073. The altcoin market cap stands at $54.1 million, with daily trading volume rising by 260% to approximately $107 million.

The rise in BMT’s price followed Bithumb’s announcement of a KRW trading pair for the BMT token set for 4:00 PM KST on March 18, 2025. Deposits and withdrawals will open two hours post-announcement, exclusively on the Solana network. BMT will have an initial price of 211 yen, and traders will need to wait for 20 deposit confirmations to execute transactions.

Bithumb has implemented temporary rules for the launch: buyers cannot place orders for the first five minutes, and sellers can only set prices within -10% to +100% of the base price. Automated trading will only commence after the first trade occurs.

BMT’s surge is further fueled by excitement around its Binance Futures listing the previous day and a recent transaction platform, OKXFUN, offering BMT trading with 5X leverage. The airdrop is currently ongoing, allowing eligible users to claim their tokens through BMT’s claim portal. With rising prices and increased trading volume, many claimants appear to be holding BMT tokens rather than selling.

Community sentiment on X is largely bullish, with expectations of continued rallies.

What is Bubblemaps?

Bubblemaps, a popular crypto data tool, launched its own token, BMT, on the Solana blockchain on March 11. A total of 1 billion BMT is available, functioning as a utility token for access to exclusive features unavailable in the free version.

In November, Bubblemaps enhanced its service with the Bubblemaps V2 Beta launch, introducing several new features like full historical data access, cross-chain visualizations, and profit tracking tools for wallets.

BMT also supports IntelDesk, Bubblemaps’ investigative platform, where users can submit and prioritize blockchain activity investigation cases.

For more details, read about Bubblemaps TGE, which concluded with a 13,500% oversubscription.