Bombie Admits Token Failure, Pledges ‘Relaunch’

• Bombie is planning a token “relaunch” amongst other initiatives.
• Bombie Foundation COO Barry Lau was scheduled for an AMA with Bybit on June 20, 10 AM UTC.
• The BOMB token has fallen by over 63% in less than 48 hours of launch.
• Paying players have lost over 90% of their investment.

Telegram’s gaming airdrop flop Bombie (BOMB) has admitted the token-generation event (TGE) and price collapse have resulted in a “failed” launch, and is pledging a turnaround for the community.

However, Bombie Foundation COO, Barry Lau, appears to have postponed or dodged an ask-me-anything (AMA) with Bybit, which was scheduled for June 20 at 10 AM UTC.

With Bombie now being decried as a scam and fraud project, Telegram’s play-to-earn (P2E) airdrop gaming scene is now facing a serious reputation crisis.

Bombie, Relaunched

As per the latest post from Bombie, the BOMB token “was a failed launch.”

Addressing the furious community, Bombie admits that the TGE didn’t “unfold” as it had hoped. The token dropped rapidly following selling pressure, but also amid a general crypto market downturn and “global uncertainty.”

“Even our millions in buybacks across multiple exchanges” couldn’t prevent the downturn, they explain.

Owning its failure, Bombie has brazenly compared its setback to the likes of Bitcoin, which has crashed multiple times before hitting new highs. And SpaceX, which exploded three rockets before reaching orbit.

Now, it’s time for a “Q3 2025 Relaunch Strategy.” As part of this effort, they’ll be launching a $1 million staking campaign on June 25th, which hopes to distribute $50,ooo in USDT every day for 20 days.

In addition, BOMB holders will receive priority allocation in the Q3 relaunch, additional Capybobo (formerly CapyBomb) in-game staking points, and an additional character skin.

Unfortunately, it’s too little, too late for the community, who, after suffering the tension of a long-delayed airdrop, are now facing massive losses.

Web3’s Bravest

Bombie Foundation COO Barry Lau was scheduled to face the community’s questions in an AMA with Bybit today, June 20, at 10 AM UTC. However, as per Bybit’s official X account, the AMA hasn’t happened.

According to Bybit, those registered to ask questions could also participate in a post-AMA quiz, of which the questions would be published on the AMA announcement page two hours before going live with Lau. However, as of 11:20 AM UTC, Bybit has yet to post the quiz.

Now, the community waits to see what will happen with Bombie and the future of the BOMB token, which is currently trading down by over 63% at $0.001.

In addition, Bombie’s spiritual successor, CapyBomb, has seemingly rebranded its socials to “Capybobo ” in recent hours, further compounding community woes.

Bombie TGE Flops

Telegram’s latest play-to-earn airdrop from Bombie has been a “disaster.”

The BOMB token generation event (TGE) and airdrop have been a gigantic failure, as the token plummeted over 45.61% within 24 hours.

One user reported investing $5,000 and playing the game for 9 months, only to receive 378,842 BOMB, which is currently worth $581.

Some are going as far as to call Bombie’s Barry Lau a scammer, a fraud, and others are claiming they’re preparing to file an official complaint  with INTERPOL.

KuCoin, one of Bombie’s first CEX partners, has initiated a BOMB buyback following the price collapse.

The exchange explains that the initial Spotlight price of BOMB was set at $0.008 by the project’s team.

KuCoin recognizes its “responsibility to protect user interest” as a result of “market conditions” and will begin refunding customers at the original price of $0.008.

Telegram Airdrops, Dead?

Some say the writing was on the wall after the team failed to deliver on its May 20 airdrop and TGE — a promise that had been marketed for months with only vague updates and hype.

The Telegram gaming community has seen this play out before.

Take Hamster Kombat (HMSTR). It pulled off one of the largest free-to-play airdrops in crypto history.

But after months of grinding, players were outraged when token allocation rules were changed at the last minute.

First, the point system was changed. Then, a portion of tokens was locked for several months.

The result? A collapse in confidence. With little utility and growing frustration, players abandoned the project. HMSTR has since plunged more than 90% from its peak.

Catizen (CATI) followed a similar path. It launched a sizeable airdrop but failed to maintain momentum. The token has dropped over 95% in value since launch.

Now, Catizen is setting up Cattea as its next big airdrop following Bombie, and Bombie is already teasing CapyBomb as its next ecosystem offering.

For now, the future of Telegram-based airdrop projects looks increasingly shaky, with community trust wearing thin and no clear turnaround in sight.