The blockchain intelligence platform Bubblemaps has launched the public version of its v2 product, providing new tools to help users detect insider activities and prevent scams related to meme coins.

According to an announcement on May 29, Bubblemaps v2 was officially released after a private testing phase that attracted over 200,000 users. New features include "Magic Nodes," which reveal hidden wallet connections between token holders, and "Time Travel," a tool for reconstructing the historical distribution of tokens that may detect early insider activities or coordinated accumulation behaviors.

Bubblemaps CEO Nicolas Vaiman stated in an interview with Cointelegraph, "Historical data in cryptocurrency is hard to come by because it is buried under endless new exchanges."

Nicolas added, "'Time Travel' changes that. It's like watching a big bang, from the initial explosion of a single bubble to a fully matured distribution."

The tool allows users to trace the entire lifecycle of a token and its changing distribution structure, which will help them discover "early signs of manipulation or coordinated sell-offs," Nicolas further explained.

Identifying tokens with a large supply concentrated in a few wallets can help investors detect fraudulent activities, such as rug pulls, where insiders withdraw liquidity or conduct large-scale sell-offs, leading to a sharp price drop that renders the tokens held by investors worthless.

On March 16, the crypto industry experienced a massive rug pull incident when the WOLF token, inspired by "The Wolf of Wall Street," suddenly collapsed. This token was created by the co-creators of Official Melania Meme (MELANIA) and Libra token, Hayden Davis.

The price of the meme coin plummeted by 99%, wiping out most of its peak market value of $42 million within hours. Over 82% of the token supply was held by a single entity, a significant warning sign for any cryptocurrency.

Bubblemaps has played a key role in exposing suspicious wallet activities related to multiple meme coins, including the Melania token and a series of counterfeit Eric Trump-themed meme coins.

Bubblemaps stated that its tools help structure blockchain data to become the foundation of "the next financial layer of cryptocurrency," forming part of the growing InfoFi era, providing investors with more powerful forensic tools.

Nicolas remarked, "Solana has proven that real-time transparency is no longer optional but expected." He added:

"This aligns perfectly with the InfoFi movement, providing users with tools to transform raw on-chain data into clear, actionable information."

The platform integrates with some of the most widely used protocols on Solana, including the meme coin launch platform Pump.fun, DEX Screener, Photon, and Bullx, aiming to become the core analytical layer of the Solana blockchain.

Bubblemaps v2 is also available on Ethereum, BNB Chain, Base, Tron, and ApeChain.

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