As various meme coins emerge in the encryption market, the investment risks in the primary market have become increasingly significant. Among the most concerning are the numerous "RATS" projects, which often become tools for Be Played for Suckers.



The year 2023 has been hailed as the year of the meme coin explosion. However, this year has also revealed that nearly 40% of token projects have issues with internal personnel hoarding large amounts in advance. These insiders acquire a large number of tokens at nearly zero cost, yet control over 70% of the chips, severely impacting market fairness.

Taking the NEIRO project as an example, its team created over 400 wallet addresses using mixing technology. Within just one minute after the token issuance, these wallets made large purchases, leading to 78% of the tokens being secretly controlled. Ultimately, the project made off with as much as $130 million, while ordinary investors could hardly get a share.

In response to this chaotic situation, the BMT tool launched by Bubblemaps was created to expose the dark operations on the chain. BMT employs advanced encryption analysis technology, including:

1. Bubble chart visualization: Using a special node algorithm, it reveals the connections between wallets, making even RATS hidden across multiple accounts nowhere to hide.

2. Timeline Analysis: Through the data presentation in the time dimension, clearly display the timing of large holders' selling points, as well as the project side's possible self-trading behavior.

3. Community Collaboration Mechanism: Users holding BMT tokens can participate in voting and case investigations, which can expose project dark sides while also earning rewards, creating a positive ecosystem of joint supervision across the network.

The emergence of BMT transforms the originally chaotic on-chain data into clear and distinguishable information, like equipping investors with a "pair of x-ray glasses." This not only leaves no hiding place for RATS but also brings unprecedented transparency and fairness to the primary market.

In the current cryptocurrency investment environment, BMT has become an essential tool for investors. Its existence not only helps investors avoid risks but also promotes the entire market towards a more fair and transparent direction. Through the application of BMT, the primary market finally hopes to achieve a truly fair game, creating a safer and more reliable investment environment for investors.
MEME6.64%
RATS3.86%
NEIROETH-4.86%
BMT-0.48%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SocialAnxietyStakervip
· 8h ago
Another Pig-butchering scam is here to make money.
View OriginalReply0
MevWhisperervip
· 18h ago
Is there a new tool to play people for suckers?
View OriginalReply0
rugdoc.ethvip
· 18h ago
Leeks, play people for suckers, can't cut them all~
View OriginalReply0
ChainChefvip
· 19h ago
looks like another half-baked attempt to keep the crypto kitchen clean... but ngl BMT's recipe could work
Reply0
Anon32942vip
· 19h ago
Playing people for suckers again, huh?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)