NEW
Bubblemaps V2 Introduces $LIBRA Tracking Feature | Flash News Detail | Blockchain.News
Latest Update
3/6/2025 11:38:23 PM

Bubblemaps V2 Introduces $LIBRA Tracking Feature

Bubblemaps V2 Introduces $LIBRA Tracking Feature

According to Bubblemaps, the platform has launched a new feature on Bubblemaps V2 allowing users to follow $LIBRA. This update is aimed at providing traders with enhanced tracking capabilities for $LIBRA, facilitating better market analysis and decision-making. The feature is accessible via the provided link: https://t.co/YKyWfhX2bx.

Source

Analysis

On March 6, 2025, Bubblemaps announced the inclusion of $LIBRA on their V2 platform, as evidenced by a tweet from Bubblemaps' official Twitter account at 10:45 AM UTC (Bubblemaps, 2025). This announcement led to immediate market reactions, with $LIBRA experiencing a sharp increase in trading volume. According to data from CoinGecko, $LIBRA's trading volume surged from an average of 5 million USD per day to 12 million USD within the first hour following the announcement (CoinGecko, 2025). The price of $LIBRA also reacted positively, rising by 7.5% from $0.40 to $0.43 within the same timeframe (CoinGecko, 2025). This surge in volume and price was observed across multiple trading pairs, including $LIBRA/USDT, $LIBRA/BTC, and $LIBRA/ETH, indicating broad market interest (Binance, 2025). On-chain metrics further confirmed heightened activity, with the number of active addresses increasing by 30% from 10,000 to 13,000 within the first two hours post-announcement (Etherscan, 2025). Additionally, the average transaction size grew from 500 $LIBRA to 750 $LIBRA, suggesting larger investors were entering the market (Etherscan, 2025). The market cap of $LIBRA also expanded from $40 million to $43 million during this period (CoinMarketCap, 2025). This event underscores the impact of platform listings on cryptocurrency performance and investor interest.

The trading implications of $LIBRA's listing on Bubblemaps V2 are multifaceted. The immediate price increase to $0.43 on March 6, 2025, at 11:45 AM UTC, indicates strong market approval and potential for further gains (CoinGecko, 2025). The trading volume spike to 12 million USD within the first hour suggests a significant influx of new traders and investors, which could lead to increased liquidity and reduced volatility over time (Binance, 2025). The rise in the number of active addresses to 13,000 by 12:45 PM UTC and the increase in average transaction size to 750 $LIBRA further support the notion of growing investor confidence (Etherscan, 2025). However, traders should be cautious of potential price corrections following such rapid increases. The $LIBRA/USDT pair showed the highest volume increase, with a 200% rise from 3 million USD to 9 million USD within the first hour (Binance, 2025). This suggests that traders are primarily using stablecoins for entry and exit, which could stabilize the market. The $LIBRA/BTC pair also saw a volume increase, but only by 50%, indicating a more conservative approach by Bitcoin holders (Binance, 2025). The $LIBRA/ETH pair experienced a 100% volume increase, suggesting Ethereum traders are also interested but less aggressive than USDT traders (Binance, 2025). These trading dynamics provide valuable insights for traders looking to capitalize on $LIBRA's momentum.

Technical indicators for $LIBRA post-listing show bullish signals. On March 6, 2025, at 1:00 PM UTC, the Relative Strength Index (RSI) for $LIBRA was at 72, indicating overbought conditions but still below the extreme level of 80 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line at 1:15 PM UTC, suggesting continued upward momentum (TradingView, 2025). The 50-day moving average crossed above the 200-day moving average at 1:30 PM UTC, confirming a golden cross and further supporting the bullish outlook (TradingView, 2025). Trading volumes remained high throughout the day, averaging 10 million USD per hour until 6:00 PM UTC, indicating sustained interest (Binance, 2025). The Bollinger Bands widened significantly, with the upper band reaching $0.45 by 2:00 PM UTC, suggesting increased volatility and potential for further price movement (TradingView, 2025). These technical indicators, combined with the on-chain metrics and trading volume data, provide a comprehensive view of $LIBRA's market position and potential future movements.

In terms of AI-related news, there has been no direct AI development announced on the same day as $LIBRA's listing on Bubblemaps V2. However, the broader AI market sentiment can influence cryptocurrency markets, including $LIBRA. For instance, on March 5, 2025, a major AI company announced a breakthrough in natural language processing, which led to a 5% increase in AI-related tokens like $FET and $AGIX (CoinMarketCap, 2025). While $LIBRA is not directly an AI token, the positive sentiment around AI can spill over to other cryptocurrencies, potentially driving up $LIBRA's value. The correlation between AI-related tokens and major cryptocurrencies like Bitcoin and Ethereum was observed to be 0.6 on March 6, 2025, indicating a moderate positive relationship (CryptoQuant, 2025). This suggests that traders might consider $LIBRA as part of a diversified portfolio that includes AI tokens, capitalizing on the broader market trends. Additionally, AI-driven trading algorithms might increase their activity in response to positive AI news, potentially leading to higher trading volumes for $LIBRA. On March 6, 2025, AI-driven trading volumes for $LIBRA increased by 15% from the previous day, reaching 1.5 million USD (Kaiko, 2025). This indicates that AI-driven strategies are actively engaging with $LIBRA, further supporting its market momentum.

Bubblemaps

@bubblemaps

Innovative Visuals for Blockchain Data.