Bubblemaps Launches v2 With Tools To Prevent 99% Crypto Scams

Bubblemaps, a blockchain intelligence platform, has launched the public version of its v2 product, introducing new tools designed to help users detect insider activity and prevent memecoin-related scams in the crypto industry. The new features, including “Magic Nodes” and “Time Travel,” aim to provide forensic-grade analytics to Web3 users, enabling them to navigate the complexities of the crypto market more effectively.

The “Magic Nodes” feature is designed to uncover hidden wallet connections among tokenholders, while the “Time Travel” tool reconstructs the historical distribution of tokens. This allows users to spot early signs of manipulation or coordinated dumps, which are often indicative of insider scams or rug pulls. According to Bubblemaps CEO Nicolas Vaiman, historical data in crypto is notoriously hard to access due to the endless stream of new transactions. The “Time Travel” tool addresses this issue by allowing users to rewind the token’s entire life cycle and evolving distribution structure, providing a clearer picture of potential scams.

The launch of Bubblemaps v2 follows a private beta testing period that attracted over 200,000 users. The platform’s tools are integrated with some of the most widely used protocols on Solana, including the memecoin launch platform Pump.fun, DEX Screener, Photon, and Bullx. This integration aims to serve as the core analytics layer for the Solana blockchain, providing users with the tools to turn raw onchain data into clear, actionable information.

The importance of such tools was highlighted by the recent large-scale rug pull that hit the crypto industry on March 16. The sudden collapse of the Wolf of Wall Street-inspired WOLF token, created by Hayden Davis, resulted in a 99% crash, wiping out most of its peak $42 million market capitalization within a few hours. Over 82% of the token’s supply was held by a single entity, a major red flag for any cryptocurrency. Bubblemaps played a key role in uncovering suspicious wallet activity related to multiple memecoins, including the Melania token and an array of fake Eric Trump-themed memecoins.

Bubblemaps aims to usher in the “InfoFi” era for Web3 users, where structured blockchain data becomes the foundation of “crypto’s next financial layer.” This growing information finance (InfoFi) era brings more powerful forensic tools to investors, helping them to detect and avoid scams more effectively. The platform is also available on Ethereum, BNB Chain, Base, Tron, and ApeChain, expanding its reach and utility across different blockchain networks.

The launch of Bubblemaps v2 is a significant development in the crypto industry, providing users with the tools they need to navigate the complexities of the market more effectively. By offering forensic-grade analytics and historical data reconstruction, Bubblemaps aims to help users detect insider activity and prevent memecoin-related scams, ultimately contributing to a more transparent and secure crypto ecosystem.