What does a legal threat do to a micro-cap token? BMT's answer this week: up 21% — and I'm watching the tape, not the lawyers.
The dispute broke Nov 2, when rival Trapmap published a pre-suit legal notice against Bubblemaps and its CEO, alleging a secret $45,000-a-month Proxima deal. Bubblemaps denied it Nov 3, calling the contract fabricated. Trapmap wants an answer by Nov 16; no court has ruled, and the claims are unproven.
The tape moved first — thin books move fast. BMT printed +26% on Nov 3 on $14.8M of Binance volume, a $16M day on Nov 4, then cooled 21% over three sessions before jumping 18% to $0.0269.
The range math: Nov 4's high, $0.0329, sits 22% above here; this week's floor, $0.0224, sits 17% below. A daily close under $0.0224 ends the momentum read.
Watching next: a Bubblemaps response before Nov 16, a close above $0.0329, or $10M-a-day volume.
Does BMT clear $0.0329 before the deadline, or does $0.0224 give way first?
NFA, DYOR.
$BMT #Bubblemaps #OnChain #CryptoNews #MicroCap
The dispute broke Nov 2, when rival Trapmap published a pre-suit legal notice against Bubblemaps and its CEO, alleging a secret $45,000-a-month Proxima deal. Bubblemaps denied it Nov 3, calling the contract fabricated. Trapmap wants an answer by Nov 16; no court has ruled, and the claims are unproven.
The tape moved first — thin books move fast. BMT printed +26% on Nov 3 on $14.8M of Binance volume, a $16M day on Nov 4, then cooled 21% over three sessions before jumping 18% to $0.0269.
The range math: Nov 4's high, $0.0329, sits 22% above here; this week's floor, $0.0224, sits 17% below. A daily close under $0.0224 ends the momentum read.
Watching next: a Bubblemaps response before Nov 16, a close above $0.0329, or $10M-a-day volume.
Does BMT clear $0.0329 before the deadline, or does $0.0224 give way first?
NFA, DYOR.
$BMT #Bubblemaps #OnChain #CryptoNews #MicroCap
