![BombCrypto price](/images/cryptocurrency/large/bomber-coin.png)
BombCrypto Price (BCOIN)
$0.055588
2.29%
BombCrypto Price Chart (BCOIN/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 |
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BCOIN / USDT | $0.00627470 | 1.35% | $41,553 | |
2 |
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BCOIN / USDT | $0.02781846 | 3.11% | $3,475 | |
3 |
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BCOIN / USDT | $0.00512661 | 0.59% | $469,883 | |
4 |
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BCOIN / USDT | $0.00274756 | 0.50% | $16,766 | |
5 |
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BCOIN / BUSD | $0.00651677 | 1.20% | $12,325 | |
6 |
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BCOIN / USDT | $0.01140227 | 2.97% | $1 | |
7 |
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BCOIN / USDT | $0.01981418 | 2.01% | $7,962 | |
8 |
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BCOIN / USDT | $0.01283808 | 3.67% | $6 |
BCOIN Price Statistics
- BombCrypto Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $2,827,273
- Market Cap Rank #1415
- Market Cap $2,440,379
- Volume / Market Cap 1.1585
-
All-Time High
$9 -99.39%
Nov 29, 2021 -
All-Time Low
$0 49.71%
May 14, 2022
BombCrypto - The Explosive Cryptocurrency
Introduction
Cryptocurrencies have taken the world by storm with their decentralized nature and potential for high returns. Among the myriad of digital currencies, BombCrypto has emerged as a unique and innovative cryptocurrency with explosive power. In this article, we will explore the key features and benefits of BombCrypto.
What is BombCrypto?
BombCrypto is a digital currency that works on the Ethereum blockchain. Launched in 2019, it operates on the principle of deflation. Unlike traditional currencies, BombCrypto has a built-in mechanism that continuously reduces its supply over time, creating scarcity and increasing its value. This deflationary model sets it apart from other cryptocurrencies in the market.
How Does BombCrypto Work?
BombCrypto's operating principle is simple yet powerful. Every time a BombCrypto transaction takes place, 1% of the total amount is destroyed or "burned." This means that with each transaction, the supply of BombCrypto decreases, leading to scarcity and consequently driving up the value of the remaining tokens. The burning mechanism ensures that the supply of BombCrypto continues to decrease over time, creating a state of controlled scarcity.
Benefits of BombCrypto
One of the main advantages of BombCrypto is its deflationary nature. As the supply decreases, the value of existing tokens is anticipated to increase. This creates an incentive for early adopters and holders to accumulate BombCrypto, potentially leading to significant returns on investment over time.
Moreover, BombCrypto is built on the Ethereum blockchain, making it secure, decentralized, and resistant to censorship. Transactions are transparent, allowing users to view and verify the movement of their funds, promoting trust and accountability within the community.
The Risks
While BombCrypto presents exciting opportunities, it is vital to remember that cryptocurrencies, in general, are highly volatile and speculative investments. The value of BombCrypto, like any other cryptocurrency, can fluctuate dramatically, sometimes within a short period. Investors should be cautious and conduct thorough research before investing in BombCrypto or any other digital currency.
Conclusion
BombCrypto offers a unique proposition in the world of cryptocurrencies, thanks to its deflationary model and positioning on the Ethereum blockchain. It presents an opportunity for investors seeking potentially high returns, but it is essential to approach it with caution and evaluate the risks involved. As with any investment, diversification and thorough analysis are sound strategies to mitigate risks. Whether BombCrypto will continue to explode in popularity or fizzle out remains to be seen, but one thing is for sure - it has certainly made a dynamite entrance into the digital currency market.