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BOOM can be traded using Coinbase Wallet, your key to the world of crypto.

About BOOM

BOOM (BOOM), a social experiment, is a self-burning cryptocurrency based on a smart contract. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key, making the tokens lost forever. Tokens are usually burnt to increase market value and reduce availability. Smart contracts are akin to regular contracts; however, rather than being composed on paper, smart contracts run on the blockchain in the form of protocols. BOOM token aims to offer a new radical supply curve.

BOOM (BOOM) token is a social experiment. BOOM is a deflationary cryptocurrency created with the help of blockchain. A deflationary token is one that decreases in the market supply with time. The deflation process is entirely based on a smart contract. With the power of smart contracts, BOOM token aims to exist autonomously and in perpetuity until all the tokens have been burned. Perpetuity is security that pays forever. The nature of smart contracts, in general, enables BOOM to run on the global blockchain computer without intervention from humans. According to the set rules, there seems to be no newly minted BOOM in the future ever.

There was initially one billion BOOM (BOOM) tokens in existence. One percent of the transaction amount is burned upon each on-chain Boom transaction completion.

Market

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Germany News about BOOM

Unchained • May 03, 24

Why Cosmos DeFi Hub Osmosis Is Launching a Bitcoin L2

Osmosis, a Cosmos-based blockchain known for its decentralized exchange, is entering the Bitcoin layer 2 race. It’s the latest indicator of burgeoning Bitcoin developer activity.  Osmosis next month is set to roll out “alloyed bitcoin,” the latest in a number of in-house products designed to simp...

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CoinDesk • May 03, 24

Full Transcript: Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the U.S.

MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal.

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DL News • May 03, 24

Liquidity providers rake in big bucks as influencers rush to sell their FRIEND airdrop tokens

Friend.tech's airdrop went live today, seeing over $65 million in trading volume which generated over $1 million in fees.

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Decrypt • May 03, 24

MicroStrategy Orange: Everything You Need to Know About Decentralized ID on Bitcoin

The largest institutional holder of Bitcoin is getting into decentralized identity. But how does MicroStrategy Orange work?

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Bitcoin Magazine • May 03, 24

The Institutions Are Coming: The Dawn Of A New Era At This Year’s MicroStrategy World — Bitcoin For Corporations Conference

For the fourth year in a row, MicroStrategy Executive Chairman Michael Saylor shared his company’s Bitcoin playbook with Bitcoin-curious Fortune 1000 firms.

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BeInCrypto • May 03, 24

Pension Funds Explore Bitcoin ETF Investments: Fidelity

Following the approval of Bitcoin ETFs, pension funds are considering crypto investments, reflecting a significant shift in traditional financial strategies and potential mainstream acceptance.The post Pension Funds Explore Bitcoin ETF Investments: Fidelity appeared first on BeInCrypto.

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BOOM is on the rise this week.

The price of BOOM has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. BOOM’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of BOOM?

We update our BOOM to EUR currency in real-time. Get the live price of BOOM on Coinbase.

What other assets are similar to BOOM?

Assets that have a similar market cap to BOOM include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy BOOM on Coinbase?

Yes, BOOM is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy BOOM guide.