While all the states always try to keep deflation and inflation within tight tolerances, because otherwise there is a risk of an economic collapse, developers of small cryptocurrencies can allow themselves more freedom to carry out economic business games as a kind of experiment.

In the following, I would like to introduce you to two tokens that couldn`t be more different and that have pushed their philosophy to the absolute max.

The Hyper-Inflation Token "Vitalik2X"

This cryptocurrency is an ERC20 token that runs on the Ethereum blockchain. The contract of the coin can be viewed here on etherscan. This token was a kind of a joke. Since a lot of fraudsters on Twitter and Youtube keep trying to pretend to be Vitalik Buterin and to cheat people with the scam "Send me an ether and I'll send you back two", Vitalik Buterin now describes himself on Twitter as "Vitalik Non-giver of Ether."

This self-designation inspired the makers of the Vitalik2X token, who started a countermovement. They founded the Vitalik2X token, which has an interesting aspect: It doubles every time it is sent to a smart contract called "Vitalik Giver of Ether tokens". Say: You send one Vitalik2X and get back in return two. You send one hundred Vitalik2X and get back in return two hundred. So everyone can quickly increase their tokens with little effort.

The total supply of the token was initially only one token and has now, as was to be expected, clearly inflated.

Unfortunately, the token had never really gained momentum and the price has now understandably dropped to zero dollars. Well, it`s not really surprising since the token was advertised with the slogan:

"This is a hyperinflation coin and you will lose your money."

The complete opposite of the hyper-inflation token "Vitalik2X" is the hyper deflation token "BOMB", which is also an ERC20 token.

The Hyper Deflation Token "BOMB"

The makers of the BOMB token, who call themselves the creators of "The World's First Self-Destructing Currency", take a completely different approach. The contract of the token can be viewed here on etherscan.

The project sees itself as a kind of social experiment that started with 1,000,000 bomb tokens. Each time a bomb token is transacted, 1% of the tokens sent are destroyed. As a result, the supply of this cryptocurrency will decrease over time.

Only 982,377 bomb tokens are currently in circulation, which corresponds to the destruction of 1.7% of the starting quantity.

The BOMB token seems to be far more successful than the Vitalik2X token, after all, you can find it on Coingecko and it has also increased in value since it was created. You can also trade the BOMB token on exchanges, which is more likely not to be particularly advisable.

"BOMB" Token 💣 sounds definitely interesting! What do you think about BOMB and Vitalik2X? Are you brave enough to buy and hodl them?