Boom Shiba is a deflationary token whose circulating supply will decrease over time, traded on the Binance Smart Chain. What makes BOOMSHIBA stand out over other coins is that it offers BUSD rewards. Those who hold BOOMSHIBA in their wallet will be automatically and continuously rewarded with BUSD. Because every transaction that takes place on the Boom Shiba network is automatically charged 7% and this fee is automatically distributed to Boom Shiba holders. Therefore, the amount of BUSD in the wallets of those who join the Boom Shiba community will continue to increase every day. Let’s examine what is Boom Shiba (BOOMSHIBA) coin together.
What is Boom Shiba?
BOOMSHIBA has been designed to reward its long-term investors. The most important thing at Boomshiba is the satisfaction and profit of the community. That’s why every transaction at Boom Shiba will be fair and transparent, with the knowledge of the community. Throughout the marketing process, online communities will be acquired, just like the biggest meme coin Doge. Hyper-deflationary system, very fast transactions and BUSD rewards are also realized within the ideas of the community.
BOOMSHIBA BUSD Rewards
A 7% fee is charged for each purchase and sale made on the Boom Shiba network and distributed back to BOOMSHIBA holders. Any wallet holding at least 200,000 BOOMSHIBA coins will be rewarded automatically.
Marketing strategy
The 2% fee from each transaction that takes place on the Boomshiba network will be allocated to the marketing budget. Thus, the Boom Shiba community will grow and its investors will increase. The more investors there are, the higher values can be achieved. An extra 1% transaction fee will apply for sales. This will reduce emissions trading and prevent whale control in the net.
Boomshiba roadmap
BOOMSHIBA’s roadmap currently consists of 4 phases. The first phase represents the end of October and everything stated in the phase has taken place in order. The token was marketed in the first phase, marking the birth of Boom Shiba, and more than 5,000 members joined the Telegram group.
The second phase is designed to take place in the first 2 weeks of November. In this phase, marketing activities were increased and it was aimed to reach 25,000 Telegram members and 25,000 token holders. In addition, the promise of Coinmarketcap and CoinGecko listings has been given in this phase. As a result, Boomshiba is listed on both cryptocurrency listing sites. In addition, BOOMSHIBA has been among the Trend Coins for 3 consecutive days in both Coinmarketcap and Coingecko.
The third phase in the roadmap represents the last 2 weeks of November. In this phase, a target of 100,000 holders and 100,000 Telegram members has been set for Boom Shiba. Airdrop number two will take place in this phase and marketing activities will be carried out with big influencers. The most important promise in this phase is the listing of Boomshiba on one of the major centralized exchanges.
The fourth phase is the phase where BOOMSHIBA token lists its targets for December. The community aims to reach a total of 150,000 holders this month. Marketing activities will also be increased continuously with the 2% fee transferred from transaction fees to marketing activities. During this phase, the website will be renewed and a more interactive environment will be prepared for Boom Shiba lovers. More memes will be added to the project from now on.
Boomshiba tokenomics
BOOMSHIBA’s token allocation plan was determined at the beginning of the project. According to this plan, 50% of the tokens will be sold in the pre-sale. The remaining 43% will be added to the liquidity. 5% will be distributed to the developer team and 2% will be distributed to the community by airdrop method.
Is BOOMSHIBA coin safe?
Boom Shiba has the liquidity to remain locked for 12 months. This means that anyone who wants to buy or sell Boomshiba tokens can do so at any time. DXLock is third-party software that is the intermediary to keep the transferred liquidity locked for 12 months. At the same time, some of the tokens were burned by sending them to an inactive wallet.
HASHEX is constantly auditing the project to ensure security and increase transparency. The team will be under constant control to ensure that there are no security vulnerabilities such as Transaction-Ordering Dependency, Timestamp Dependency, Integer Underflow, Integer Overflow, Callstack Depth Attack, Parity Multisig Bug on the BOOMSHIBA platform. The project is also audited by Dessert Finance. You can check the Boom Shiba token contract address at BSCScan at 0x14aF0e9D51d9FE25c1675cC580409b640286167F.
How and where to buy BOOMSHIBA coin?
Boom Shiba coin is decentralized and managed by the community. With the existence of a long-lived community, they aim to be a reliable token project through mutual trust and transparency. The coin, which has only been traded on the market since November 2, 2021, has a very fast growing community. A feature of the Boomshiba community is that it consists of users from almost every country who are included in the community and buy BOOMSHIBA tokens.
The cryptocurrency market, and especially meme coins, has high volatility. That’s why your investments in these tokens are high-risk investments. The investor himself is responsible for the profit or loss to be made in case of BOOMSHIBA purchase.