Bomb Token is blowing up!

Bomb Token is blowing up!

By Bitcoin Faucets | Bitcoin Faucets | 11 Jun 2019


Bomb token is an interesting economic experiment - every time Bomb is transferred, 1% of the value is burned.

The majority of Bomb was distributed back in January through an airdrop with more distributed through community giveaways.  The teams is hot on developing the community, recognising that a strong community is key to most crypto projects.  Originally there were 1 million tokens, the total supply, the burn rate however has seen this supply now dwindle to approx 975,000.  Since listing on Mercadox at the start of the month, Bomb has rocketed, reaching over $10 per coin, seeing many of the initial airdrop participants with tokens worth thousands of dollars.  

Whether bomb explodes or ultimately turns out to be a damp squib remains to be seen.  The token has little utility as a means of exchange, but as storage value it may have some merit, and it certainly has a novelty value and psychological investment from the holders. 

Check out their website to learn more about the hottest experiment currently going on in crypto and watch the tokens burn in real time!

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Bitcoin Faucets
Bitcoin Faucets

Interesting new blockchain initiatives.

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