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BOOM Review

6

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Poor

Revainrating 2.5 out of 5  
Rating 
2.6
Crypto Projects, ERC20

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Description of BOOM

BOOM (BOOM) is a cryptocurrency and operates on the Ethereum platform. BOOM has a current supply of 966,990,728.2021196 with 777,959,995.5781596 in circulation. The last known price of BOOM is 0.00338427 USD and is up 0.00 over the last 24 hours. It is currently trading on 2 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://www.boomtoken.io/.

Reviews

Global ratings 6
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Type of review

Revainrating 2 out of 5

Impact, developed cash needed to build on the deflation plan.

I also see that it can contribute to low consumption of concentrated trades. Speaking of my opinion that it is useful to contribute, I can say Yes and No. In fact, with the shortening of supply, the purchase of contractual supply will therefore cause you to flood the vertical of more expensive prices. I also said Nook, given the lack of symbolic benefits that make Boom even more theoretically controversial. The impact will continue to be a unified motorized source that does not make new…

Pros
  • There is immense help and follow-up to this work.
Cons
  • I don't feel that this sign is useful.

The impact is a designated activity that loses its liquidity and afterward consumes the notes and diminishes the notes as the volume of the notes diminishes. The effect will keep on being a brought together mechanized source that makes no new markings, and will keep on being a test market that will exchange the market assets made. Blast flattens and misrepresents it's anything but an automatic purchaser picture, broadening the worth of the notes gave by clients who hold BOOM coins by expanding…

Pros
  • This token is recorded on more than 10 unique trades
Cons
  • I don't perceive any evident utility to this token

Revainrating 3 out of 5

BOOM is focused on decentralized trading

The effect is a targeted action that loses its liquidity and then burns the notes and reduces the notes as the volume of the notes decreases. The impact will continue to be a unified automated source that makes no new markings, and will continue to be a test market that will trade the market resources created. BOOM deflates and exaggerates its performance as a programmatic buyer image, extending the value of the notes issued by customers who hold BOOM coins by increasing the size of the notes…

Pros
  • The support is good
  • Great service
Cons
  • Nothing

This project provides space for self-symbolic, value-added enhancements and is useful for performing decentralized exchanges and exchanges. Explosion is a work that creates a symbolic basis that eliminates liquidity, eventually decreasing by consuming notes, and then increasing the value of the search symbol by decreasing the size of the notes. In addition, Blast is a centralized computerized source that will not make new comments, which will be supplemented as a research target, which will…

Pros
  • A project with digital resources and extensive security developed in the Ethereum system.
  • The project works on more than 10 different centralized exchanges.
Cons
  • It still doesn't look good.

Revainrating 3 out of 5

The first deflationary coin on the blockchain

Since my involvement in the world of decentralized finance on the finance maintain I have seen a lot of deflationary coins. Boom on the other hand is actually the first deflationary token to ever be built and its on the ethereum blockchain. With 1 billion as the supply and 968 million of them currently in circulation you can actually see that a lot of burns hasn't actually occurred on this because it is as old as any project can get. The way I see it the main reasons why many burns have not…

Pros
  • Boom seems to be the first cryptocurrency to be built on deflationary structure
  • This token is listed on over 10 different exchanges
  • There is a huge support and following for this project everywhere
Cons
  • I don't see any true utility to this token
  • Focus on these token being on centralised exchange reduces the amount of burn which occurs for the project

BOOM, is a project which has developed a token that destroys its liquidity, thus creating a reduction of tokens by burning them, thereby producing an increase in the value of the token in the market, with the reduction of the amount of tokens. BOOM, is a digital asset based on decentralization, which will not issue new tokens, this works as a research token, which will generate results on the trading behavior of digital assets in the market. The BOOM token, fulfills the good utility as a…

Pros
  • BOOM, guarantees the increase of its value over time, since it is a deflationary currency and it burns a certain percentage, in each transaction made by users.
  • It guarantees a good adoption of investments with its native BOOM token.
  • It has achieved solid partnerships with companies that help the development of the project and lend their support.
  • It is a token that facilitates decentralized trading from various popular decentralized trading platforms.
Cons
  • It has not created new advertising strategies for users to join the ecosystem.
  • It has no reward system based on its BOOM token.