#BOME - Price Volatility Anomaly: BOME coin once reached a historical high of $0.027, but then dropped to around $0.003, with significant price fluctuations, posing a huge risk of asset devaluation for investors. This unstable price trend is likely caused by market manipulation or a lack of intrinsic value support for the project itself.
- Irregular Operations by the Project Team: The team secretly changed the token lock-up period from 3 years to 2 years. After the news was announced, the price dropped by 12% on the same day. Such unilateral changes without proper communication demonstrate a lack of transparency and respect for investors, also reflecting governance issues within the project. - Technical Stability in Question: According to the white paper, BOME coin plans to upgrade to a sharding architecture via “EIP-4844,” but multiple synchronization issues occurred on the testnet, and the core code is being frequently modified. Additionally, the testnet reward program was exposed to a manipulation loophole, with about 2 million test tokens maliciously claimed. These technical instabilities and vulnerabilities severely damage the project's reputation. - Community Engagement Decline: Its latest Twitter posts are 4 days old, Discord daily active users have dropped from 3,000 to 800, and Telegram groups are filled with bot advertisements, with administrators ignoring them. Community activity is a key indicator of project development; a continuous decline in engagement usually indicates waning project appeal and concerning growth prospects. -
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#BOME - Price Volatility Anomaly: BOME coin once reached a historical high of $0.027, but then dropped to around $0.003, with significant price fluctuations, posing a huge risk of asset devaluation for investors. This unstable price trend is likely caused by market manipulation or a lack of intrinsic value support for the project itself.
- Irregular Operations by the Project Team: The team secretly changed the token lock-up period from 3 years to 2 years. After the news was announced, the price dropped by 12% on the same day. Such unilateral changes without proper communication demonstrate a lack of transparency and respect for investors, also reflecting governance issues within the project.
- Technical Stability in Question: According to the white paper, BOME coin plans to upgrade to a sharding architecture via “EIP-4844,” but multiple synchronization issues occurred on the testnet, and the core code is being frequently modified. Additionally, the testnet reward program was exposed to a manipulation loophole, with about 2 million test tokens maliciously claimed. These technical instabilities and vulnerabilities severely damage the project's reputation.
- Community Engagement Decline: Its latest Twitter posts are 4 days old, Discord daily active users have dropped from 3,000 to 800, and Telegram groups are filled with bot advertisements, with administrators ignoring them. Community activity is a key indicator of project development; a continuous decline in engagement usually indicates waning project appeal and concerning growth prospects.
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