An interesting token was launched yesterday. The new token named ETHPLO is similar to the BOMB, the token launched in January.
BOMB is the most deflationary one between the coins and tokens because every time a transaction is sent 1 BOMB is burned. In the beginning, there were only 1 million BOMB tokens, but now after 6 months, the total supply is 969,634 BOMB tokens.
The project aims to build a trading platform and is supported, among others by billionaire VC fund Tim Draper.
When the token was launched there was an airdrop that gave away 200-300 BOMB tokens to everybody signing in with an email.
BOMB price hit $12 some days ago making the 200-300 tokens airdrop more than $2,000-$3,000 worth.
For those who missed the BOMB opportunity, it seems that ETHPLO is exactly the same opportunity. Their telegram channel has grown to 45,000 members just in one day, and the interest around the token seems to be massive.
You can claim your free ETHPLO tokens here.
At the time of writing 1 ETHPLO is trading at $0.11 and may have the same success BOMB token had.
The idea of deflationary tokens that decreases the total supply when transactions are made is an incentive to hold the tokens. This heavy deflationary nature of these tokens may drive prices very high.
However it is for sure driving a massive interest on social media with posts going viral and telegram, Twitter and Reddit channels exploding.
Maybe we will see more tokens using similar features in the future. Crypto never gets boring, there is something new invented every day.
Getting the free ETHPLO tokens only takes 1 minute and following some simple steps on telegram.
To claim the ETHPLO airdrop click on the banner below.