Post
Topic
Board Speculation (Altcoins)
Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
by
nesfe
on 10/12/2020, 19:14:33 UTC
One need to be careful while he invest in any new coin.  BOOM is doing good on exchanges and listed on many exchanges. So it passes one filter of being a coin for HODLing. After this bullish season is over we may see people coming and investing in this coin.

Having listed on several exchange or does have pairs doesnt signify that theyre already considered good.
Take a look on where this BOOM listed out and the volume of exchanges where its been listed.

MXC.COM   24 hours volume - $6,290
BitMart    24 hours volume- $2,392
CITEX $0.234757

Do these figures are quite appealing? This coin in no doubt will die soon.I have checked out on what this coin is all about.
I do observe that it do really decreases out when people do make out transactions.Basing of on entire supply
then it might take a while for it to be scarce but with this kind of concept then you would really be expecting for
people to hold.
 




If you look at statistics of BOOM at CMC https://coinmarketcap.com/currencies/boom/ , in last 24 hours BOOM volume was $10,936.95 USD while on previous day it was around 6k USD. These stats are not bad for a coin thats in its early stages of launch. Give boom some time before we make some final conclusion about this coin.