Bubblemaps aims to enhance transparency in cryptocurrency by revealing token ownership patterns that indicate centralization or manipulation, providing users with insights into the crypto ecosystem.
Bubblemaps' clustering analysis shows that ownership of meme coins can be disproportionate, highlighting how token creators may use multiple wallets to conceal insider control.
CEO Nicolas Vaiman stated, 'On-chain data deserves more attention... it is widely overlooked... traditional tools are complex and overwhelming,' indicating the need for user-friendly blockchain tools.
The new 'time machine' feature allows users to view historical snapshots of token distribution, providing deeper insights into changes in ownership and potential centralization over time.
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