Post
Topic
Board Speculation (Altcoins)
Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
by
Bigerio
on 24/03/2022, 18:10:21 UTC

So how much you have exploded BOOM so far or its because you wanna complete your signature posts of the week?
BOOM and other deflationary coins have a drawback that they are starting with a huge supply of coin and it will take considerable time before there supply will go down to some level. In short if you are investing in BOOM then you need to wait for quite sometimes.

That;s not the case with BOOM only. Every coin that comes new in the market faces same resistance. I am sure team behind BOOM must be well awar of these drawbacks and will launch some solutions to fix it. It will take some time before supply will come down to some reasonable level .

But how long a coin continuous to face the resistance. We saw BTC ATH last year of 67k but this coin refuses to move up despite all bull trends in the market. There are just few spikes in BOOM last year journey. Seems like BOOM is launched only to face the resistance.