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On May 2, the on-chain analysis platform Bubblemaps showed traders the token distribution for Boop crypto amidst growing buzz surrounding the launchpad’s (boop.fun) 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 platform will deliver on this promise.

Determined to verify the information, Bubblemaps’ visualization reveals the project’s token distribution matches its tokenomics claim, with that the biggest allocation of Boop tokens going into the rewards pool. Meanwhile, 15% of its token supply has been set aside for airdrops and 10% goes to the project team.

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