Boop crypto rises more than 200% after Bubblemaps reveals visualization
Bubblemaps has visualized the token distribution for Boop crypto, a fairly new token that stems from the new Solana-based meme coin launchpad Boop.fun. BOOP has gone up more than 200%.
On May 2, the on-chain analysis platform Bubblemaps showed traders the token distribution for Boop crypto amidst growing buzz surrounding the launchpad’s reward mechanism. According to the official tokenomics, 50% of the tokens will be allocated to a rewards pool for creators and holders.
One of the platform’s unique features is its rewards program that grants Boop tokens to “graduate cults,” which are tokens created on the platform that meet certain milestone criteria. However, traders have grown skeptical of whether the…