Blockchain intelligence platform Bubblemaps has launched the public version of its v2 product, offering new tools to help users detect insider activity and prevent memecoin-related scams. Announced on May 29, Bubblemaps v2 follows a private beta testing period that attracted over 200,000 users. New features include “Magic Nodes,” which uncover hidden wallet connections among tokenholders, and “Time Travel,” a tool that reconstructs the historical distribution of tokens, potentially detecting early insider activity or coordinated accumulation efforts. “Historical data in crypto is notoriously hard to access because it gets buried under endless new transactions,” Bubblemaps CEO Nicolas Vaiman told Cointelegraph. “Time Travel changes that. It’s like watching a Big Bang, from the initial burst of a single bubble to a full-grown distribution,” he said. Source: Bubblemaps The tool allows users to rewind the token’s entire life cycle and evolving distribution structure, which will help them spot “early signs of manipulation or coordinated dumps,” Vaiman added. Related: Sui validators vote on $162M Cetus recovery plan to restore user funds Spotting tokens with a large portion of the supply concentrated across a few wallets can help investors detect scams such as rug pulls , where insiders remove liquidity or stage a mass sell-off, resulting in a steep price collapse that leaves investors with worthless tokens. A large-scale rug pull hit the crypto industry on March 16 after the sudden collapse of the Wolf of Wall Street-inspired WOLF token , created by Hayden Davis, the co-creator of the Official Melania Meme (MELANIA) and the Libra token. Source: Bubblemaps The memecoin saw 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. Related: Coinbase faces $400M bill after insider phishing attack Ushering in the “InfoFi” era for Web3 users Bubblemaps said its tools help structured blockchain data become the foundation of “crypto’s next financial layer,” forming part of the growing information finance (InfoFi) era, bringing more powerful forensic tools to investors. “Solana proved that real-time transparency is no longer optional, it’s expected,” Vaiman said, adding: “This fits right into the InfoFi movement, giving users the tools to turn raw onchain data into clear, actionable information.” The platform is integrated with some of the most widely used protocols on Solana, including the memecoin launch platform Pump.fun, DEX Screener, Photon and Bullx, aiming to serve as the core analytics later for the Solana blockchain. Bubblemaps v2 is also available on Ethereum, BNB Chain, Base, Tron and ApeChain. Magazine: DeFi will rise again after memecoins die down: Sasha Ivanov, X Hall of Flame
