Details about Bomb Money cryptocurrency
€40,173 ( -3.90323%)
€128
6,344,998
2,253,606
20.245
Unknown
https://app.bomb.money/
@BombMoneyBSC
29369000x
€523461
Bomb Money price charts
BOMB exchanges
Bomb Money, the crypto
Bomb Money (BOMB) is a decentralized cryptocurrency that operates through the Ethereum blockchain. It was created in 2019 as a social experiment and has no formal leaders or central authority. Its main feature is a deflationary supply mechanism which means that the total number of tokens in circulation decreases over time.
The point
The main point of Bomb Money (BOMB) is to create a cryptocurrency that operates on a deflationary model rather than an inflationary one. This is achieved by burning a percentage of the total tokens with every transaction, reducing the total supply over time. The idea is to create a currency with a limited supply that becomes more valuable as demand increases.
The problem
Bomb Money (BOMB) aims to address the problem of inflation in traditional fiat currencies by creating a deflationary model for cryptocurrency. The goal is to create a currency that is less susceptible to the influence of central banks and government policies that cause inflation, and instead creates value through increased demand due to its limited supply.
Compare BOMB and BTC performance
| Timeframe | BOMB | BTC |
|---|---|---|
| 1h change | -0.0990262 % | -0.32002 % |
| 24h change | -4.02 % | -3.56132 % |
| 7 day change | 6.07 % | 4.28692 % |
| 14 day change | -6.42 % | -8.10852 % |
| 30 day change | -62.18 % | -7.13652 % |
| 200 day change | 896.88 % | 127.008 % |
| Year change | -68.75 % | 141.623 % |