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Home News Crypto

Bubblemaps Launches Token Generation Event on BNB Chain, Sets Fundraising Goal of $800K

12 March 2025
in Crypto, News
Reading Time: 3 mins read
110 6
source: ainvest.com

source: ainvest.com

Bubblemaps has officially launched its Token Generation Event (TGE) today, March 11, 2025.

According to an announcement from Binance, the event, which is exclusively hosted on the BNB chain via PancakeSwap, will run from 8:00 AM UTC to 10:59 AM UTC.

The TGE offers investors the opportunity to acquire 40 million BMT tokens priced at $0.02 each as the project team tries to raise $800,000 in BNB to fund further developments. This event would distribute 4% of Bubblemaps’ total supply of 1 billion tokens in return to participants.s

The project team noted that each wallet’s contribution would determine its share, which is proportional to the total BNB deposited. There is a participation cap of 3 BNB per wallet to ensure fair distribution.

A distinctive feature of this TGE is the immediate tradability of tokens post-subscription, eliminating traditional lock-up periods. Investors can trade BMT tokens immediately after the event on either Binance Wallet’s DEX or directly on PancakeSwap. This real-time liquidity is a bold play, designed to attract traders and investors eager for quick action.

Bubblemaps has established itself by providing tools that visualize token ownership and blockchain transactions through intuitive bubble-like graphics. The team noted that the funds raised will support the project’s mission to make blockchain data more accessible, visual, and transparent.

Industry observers are drawing parallels to MyShell’s recent TGE, which experienced significant oversubscription and post-launch price appreciation. For context, Binance listed MyShell’s native token, $SHELL, for trading on February 27, 2025, with multiple trading pairs, including BTC, USDT, USDC, BNB, FDUSD, and TRY. Within hours of its listing, the token reached its current all-time-high of $0.6936. It has since dropped by 60.03% and is currently trading at $0.2762, a 4.69% decrease in the last 24 hours.

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BINANCEBubblemapsTGE
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Bobby Okposin

Bobby Okposin

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