Have you heard about the self-destructive crypto token? The Bomb Token claims itself to be the first token having the self-destructive feature. Recently it is gaining immense popularity in countries like the Philippines, Thailand and Brazil.
Along with its popularity, curiosity about this token is also increasing simultaneously. All the investors worldwide want to get more and more information about the Bomb Crypto Coin and if you are also one of them, then read the article thoroughly to know everything about it.
The Bomb cryptocurrency started as a financial case study that helps understand the capacity of a deflationary currency. This crypto token declares itself as the first token in the world that has a self-destructive feature. Due to this feature, 1% of every transaction is destroyed.
The Bomb is a community-run, open-source ecosystem. It is seen as a tool for managing the assets in the decentralized financial system, and the Bomb Crypto Coin is not to be used for daily transactions. The Bomb can be found on several exchange platforms, but it does not promise any rewards to its holders.
Through our research, we came to know that the Bomb is one such currency that has no leader or CEO. The creator of this cryptocurrency is Zachary Dash. But this ecosystem does not possess any headquarter and operating team. Instead, it is completely controlled by the community.
At the time of writing, $2.57 is the price for the Bomb Crypto Coin. In the last 24 hours, the price has decreased by 6.16%
The Bomb is one of those crypto tokens which cannot be bought directly with fiat money. The main exchanges offering Bomb include Uniswap, Switcheo, DDEX, Hotbit and Mercatox. Here is a step by step guide –
Since the burning properties of the Bomb were not following the Uniswap protocol, Bomb Crypto Coin invented a new way called WBOMB to enlist itself on the Uniswap. The full form of WBOMB is Wrapped Bomb, and it is not a new or different token. This enables Bomb to be a part of Uniswap without compromising with its burning features. All can check here to know more about Bomb and WBOMB.
Ans. Yes, Bomb has an official account on Twitter.
Ans. No, Bomb cannot be bought directly with cash.
The Bomb Crypto Coin has some unique features which have widely contributed to its popularity. But to know whether the token can become the Best Cryptocurrency To Invest In 2021 For Long Term, you should have a thorough research. It will also help if you remember that this article is not investment advice but an informative guide.
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