New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
The performance of $BOME is indeed concerning. From a historical high of $0.027 to around $0.003, what is the real reason behind such drastic fluctuations?
A sharp price plunge often indicates market manipulation or a lack of genuine value backing the project. More troubling is the project's operational style—once quietly changing the token lock-up period from 3 years to 2 years, and on the day the news was released, the price dropped by 12%. Such opaque modifications clearly show a lack of communication respect for investors and reveal governance issues.
Technical risks are also not to be overlooked. According to the white paper, the project plans to upgrade to a sharding architecture, but the testnet frequently experiences synchronization issues, and the core code is constantly being adjusted. Worse still, the testnet reward mechanism has obvious vulnerabilities, with approximately 2 million test tokens maliciously claimed. These technical stability problems are deadly to the project's reputation.
The latest tweets on the Twitter topic have been stagnant for 4 days, Discord daily active users have dropped from over 3,000 to 800, and the Telegram group has become a hub for bot advertisements, with management virtually nonexistent. The continuous decline in community engagement usually indicates diminishing project appeal, and the development prospects are indeed not very optimistic.
Website trust assessments also show poor signals—part of the domain registration information is hidden, which aligns with some typical signs of suspicious websites. Overall, investors should exercise caution when dealing with such projects.