Key Takeaways
- The BOMB token is down 90% since its launch in mid-June.
- Over 50% of BOMB’s market cap is locked up in Capybobo staking.
- Capybobo is promising a Q3 2025 airdrop to its 700,000 monthly players.
Bombie’s troubled airdrop has shredded investor and player confidence. The token has officially lost over 90% of its value since launching a month ago.
Now, over $4 million in BOMB tokens are locked up in the game’s sequel, which also promises an airdrop for the most dedicated of players who stake their BOMB tokens in-game.
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Bombie Burns
As per the latest update from Bombie, players have until July 17, 2025, 10:00 UTC to claim their airdrop tokens before they are all burned.
The news comes in tandem with a staking update, which reveals that 5.07 billion BOMB tokens worth roughly $4.05 million are currently staked in the Bombie ‘sequel’, Capybobo (formerly CapyBomb).
In hopes of restoring player faith and rebuilding its reputation, Bombie has committed to “relaunching” the Bombie token/brand.
So far, this appears to be coming in the form of token burns and heightened transparency, as well as giveaways for BOMB stakers in the form of Tether (USDT).
It’s seen as a paltry offering to paying players who recorded over 90% in losses and spent 11 months playing the game.
Many are still calling for Bombie Foundation frontman, COO Barry Lau, to be investigated by authorities for what many believe was a massive fraud on his part.
BOMB Token Bombs
According to data on CoinMarketCap, the BOMB token is trading down 90% at a meager $0.0007955 since launching a month ago.
Initially, the token launched around the $0.004 mark, but a catastrophic airdrop rollout wrecked player and investor trust, which spurred a mass exodus of players and investors.
BOMB now carries a market cap of $7.14 million, half staked in Capybobo. At present, Capybobo is drawing just over 773,000 monthly users,
For now, Capybobo continues to launch new features and updates. But really, all eyes are on the airdrop promised.
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Eddie is a gaming and crypto writer at CCN. Covering the often weird and wonderful world of Web3 with an adoring, but skeptical eye.
Prior to CCN, Eddie has spent the past seven years working his way through the crypto, finance, and technology industry. He began with PR and journalism with Bitcoin PR Buzz and BitcoinNews.com, eventually working his way to become a copywriter with a dozen firms, including the likes of Polkadot before returning to journalism in 2023.
Having studied Radio production and journalism at University in the UK, Eddie spent a few years making podcasts and presenting on a local London radio station as he built up his writing chops.
A lifelong skateboarder, Eddie can often be found at the skatepark or touring the streets looking for something new to try. That, or kicking back playing JRPGs on his original PSP.
