Ok, I thought about this game while looking at this cap I found on ds scene. Its a cap from a homebrew game.

There was a game I used to play years ago in the arcade where it started as one big bubble and you would shoot it in the air and then it would split in two. Then you would keep shooting them and it would split more until they all disapear. I believe I played it in the early 90's. Does anyone remember this arcade game?