I dont know how the code was written but what are the chances of making sure that all coins wont be burnt in the process and was this the best option to have value addition to a crypto project? To be honest I see a project creating value out of nothing without having real demand, this will be a case of artificial demand for the BOOM project which will be over valued for its potential investors in the future.
You need to buy BOOM and stop looking at its price on a daily basis. It will take some time before its price will take on some good value. If you are short-term trader then you may find a spike one day to get your desired profit.
Not sure about the cycle burns whether they take place after several years or not but the price will certainly go up very fast!
The coins will be burned after every transaction, I think its interesting. We are still seeing quite good spikes in BOOM and chances are that with time we will see more of such spikes. The only thing I cant figure out is how they can burn tokens with coin moment on exchnage.