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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
rekt_but_not_broke
· 5h ago
If I had known earlier, I wouldn't have touched this thing. It dropped from 27 points to 3 points, how much could I have lost?
The project team didn't even say a word about changing the lock-up period. Who would dare to believe that?
A testnet vulnerability still allowed 2 million test coins to be drained. If the infrastructure is like this, what's the point of playing?
There's no one left in the community. Discord has only 800 active users. This is a dead project.
View OriginalReply0
GasGrillMaster
· 12h ago
I've long seen the problem. Changing the lock-up period secretly and hiding it? That move is really brilliant.
Everyone has already left, and the community is so cold. Still dare to say there's a future? That's hilarious.
Code is changed daily, and the testnet is full of vulnerabilities. The governance of this project is a complete mess.
Fallen from 27 points to 3 points. Either it's manipulated or it has no value at all. Pick one.
The forum is deserted, and Discord has dropped to 800 members. This is the rhythm of dying out.
Hiding domain information is a typical suspicious operation. I advise everyone not to touch it.
View OriginalReply0
SilentObserver
· 12h ago
I saw it a long time ago, secretly changing the lock-up period and still trying to deceive everyone. This operation is really outrageous.
---
Discord dropped to 800 members, how can we play like this... There were still people praising it a month ago.
---
Fell from 0.027 to 0.003, quite a brutal cut. The testnet can be hacked, so the mainnet must be at risk of explosion.
---
Community full of bots, advise everyone not to join.
---
A team with such poor transparency, hiding domain information. Honestly, who dares to touch it?
---
All the technical stability is full of vulnerabilities, code changes every day. Are they making a product or passing the buck?
---
Look at Twitter, no updates anymore. They've already given up.
---
2 million test tokens were exploited. How was this defense line built?
View OriginalReply0
GasGuzzler
· 12h ago
Uh... a 90% discount dropping to 10%? Isn't that called cutting the leeks? The project team’s tricks are really top-notch, secretly changing the lock-up period just like sneaky theft.
---
Secretly changing the rules—I've seen this move too many times. In the end, it's always the retail investors who lose.
---
The testnet is already crashing like this, and you still want to go live? No matter how good the whitepaper is written, it’s useless.
---
Community from 3000 down to 800? Laughable. This is just the prelude to a death spiral.
---
Lack of transparency + technical collapse + community cooling down—these three together really leave no hope.
---
Hiding domain information is just ridiculous. Isn’t this just the standard rug-pull look?
---
I just want to ask how many people are still holding bags here.
---
Daring to change the lock-up period behind investors’ backs? What do you think of yourselves?
---
Robot ads flooding Telegram, management just letting it go... This project is left with only one word—dead.
View OriginalReply0
MEVictim
· 12h ago
If I had known earlier, I wouldn't have touched this thing. It dropped from 27 points to 3 points. This is definitely a harvesting machine.
View OriginalReply0
FrogInTheWell
· 12h ago
This project is just a pile of rug pull signals. How can anyone buy in after such a drop?
---
Secretly changing the lock-up period, this move is truly brilliant. The team’s guilt is written all over their faces.
---
What does it mean that 2 million test coins were exploited? The technical team simply can't hold the ground.
---
The community is so cold, only 800 daily active users on Discord. This is even worse than trash coins...
---
Hiding domain information? Enough said, this is textbook-level rug setup.
---
Falling from 0.027 to 0.003, the little guys got really slaughtered this time. Going short is the real way.
---
So the question is, did the project team never seriously try to build something? Or was it just a money-making tool from the start?
---
No new posts on Twitter for 4 days, they must have given up on community management. Incredible.
---
I just want to know if the people still holding this coin are true believers or just trapped deep in it.
---
With so many bugs on the testnet, they still dare to launch on the mainnet? Not afraid of issues?
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.