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BitcoinSoV Review

2

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Poor

Revainrating 2 out of 5  
Rating 
2.0
Crypto Projects, ERC20

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Description of BitcoinSoV

BitcoinSoV (BSOV) is a cryptocurrency launched in 2019and operates on the Ethereum platform. Users are able to generate BSOV through the process of mining. BitcoinSoV has a current supply of 20,891,191.854365 with 0 in circulation. The last known price of BitcoinSoV is 0.00724975 USD and is down -1.23 over the last 24 hours. It is currently trading on 3 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://www.bsovtoken.com/.

Reviews

Global ratings 2
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Type of review

Revainrating 4 out of 5

Not much to say.

There is not much to say about this type of token, this token decreases in value over time, since for each transaction 1% of the total amount sent is burned. They have been increasing over time, it all depends on your contract and utility. But the biggest problem this type of token presents is its real usefulness, is this type of asset really being used? There are already a lot of deflation tokens, and they do not have the expected response in general, and no one uses them. The price of…

Pros
  • They have been increasing over time.
  • It all depends on your contract and utility.
Cons
  • Nobody uses them.

Revainrating 1 out of 5

Deflationary token, its circulating volume is reduced by configurations in the contract.

This token decreases its value as time passes and is used, since for each transaction 1% of the total sent is burned, in general there is not much to explain about this type of tokens since they have been increasing for some time, it all depends of your contract and utility. Currently the biggest problem that this type of token represents is its real utility, that is, are this type of asset really used? Also, there are already many deflationary tokens and in general they do not have the…

Pros
  • Deflationary token, the total amount decreases.
  • It depends on the community.
Cons
  • Little real use and the exchange volume is low.
  • These deflationary tokens are more of an experiment since their usefulness is not well founded.