the new platform that leverages AI in the bull and bear crypto world

Bubblemaps, launched in 2021 as one of the first blockchain analysis and visualization applications, has recently introduced a revamped version of its platform, adding AI to assist even the less experienced users in the crypto world. 

With the update, Bubblemaps aims to make the cryptocurrency market even more transparent and accessible, improving the ability to identify the so-called “whales” (that is, the large asset holders) thanks to advanced artificial intelligence (AI) tools and other cutting-edge technologies.

Identifying crypto whales through AI: the idea of Bubblemaps

In the cryptocurrency market, the term “whale” refers to those digital wallets that hold a large amount of a specific token or cryptocurrency. The presence of whales in a project is often considered a risk signal, as their ability to influence prices and the general trend of assets is considerable. 

The presence of a few large whales can raise doubts about the decentralization of the project and, in some cases, can even suggest possibilities of market manipulation. For this reason, having access to detailed information on token ownership distributions can help investors better assess the risks associated with a project.

When it was launched in 2021, Bubblemaps had a clear goal: to offer a simple and intuitive method to allow users to understand the supply distributions of different digital assets. The blockchain is a complex environment, and interpreting transactional data can be challenging even for experts.

Bubblemaps aimed to revolutionize blockchain analysis, allowing users to visualize token distributions through graphic representations, or “bubble maps,” which make the distribution of tokens among various addresses immediately evident.

The news of the 2023 update: artificial intelligence and transparency

The new version of Bubblemaps introduces several innovative features, with AI taking center stage. Thanks to artificial intelligence, the application is now able to analyze transactional data with greater precision, revealing token distribution patterns that could indicate excessive concentration or centralized management.

With this advanced technology, Bubblemaps no longer just graphically represents data, but helps to automatically detect the presence of whales and highlight anomalies in ownership patterns. Intelligent algorithms can identify patterns that suggest manipulation or concentration, alerting users to potentially risky areas.

The objective of the update is to offer greater transparency and allow investors to have a clear view of the ownership structures. 

Thanks to this information, even those approaching the cryptocurrency market for the first time can make more informed choices, reducing the risk of exposure to projects with centralized asset distributions.

A platform for everyone: from beginners to experts

With these new features, Bubblemaps presents itself as an ideal platform not only for cryptocurrency experts but also for the market “plebe,” that is, those less experienced users who wish to enter this world safely. 

Thanks to the visual representation of information and the analytical capabilities of AI, Bubblemaps makes a type of analysis accessible to everyone that would otherwise be reserved for those with in-depth technical skills.

The launch of the new version of Bubblemaps represents an important step towards a more transparent and democratic bull and bear cryptocurrency market. 

With tools like Bubblemaps, the ability to identify whales and centralization patterns becomes accessible to anyone, promoting more widespread control and an environment less prone to manipulations.

In a sector often criticized for the lack of transparency, platforms like Bubblemaps play a crucial role in ensuring that users can make informed decisions. 

Thanks to the integration of AI and an intuitive interface, Bubblemaps aims not only to simplify the blockchain but to transform it into an accessible and secure environment for everyone, from the beginner to the expert investor. 

With this vision, Bubblemaps contributes to building a future where blockchain is synonymous with transparency and reliability, providing tools that meet the challenges of the market.

Source: https://en.cryptonomist.ch/2024/11/14/bubblemaps-the-next-generation-crypto-platform-that-leverages-ai/