Boba Network
BOBA#1306 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Boba Network is for cheaper transactions on top of another chain. We have not written its record yet, so its promises are not checked. It trades at $0.0181, #1257 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. +166% to match its rivals. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: cheaper transactions on top of another chain
- ✓Real backingBacking: in the GMCI Index; trades on Coinbase, Crypto.com, Kraken
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $8.96M, 99 times smaller than Arbitrum, the biggest coin within reach doing the same thing (Rollup)
In the GMCI Index
- Origin25 November 2021about about 4 yearsTagged Made in USA on CoinGeckoboba.network, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingIn the GMCI IndexListed on Coinbase, Crypto.com, Kraken, Bybit
- Standing on the recordNo recordNo dated promise to judge yet1 headline last monthNo corrections needed so far
To be worth what the typical coin in Rollup is worth ($23.79M), its price would need to rise 166%, to about $0.0482. To match the leader, Arbitrum, 9802%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 1 headline named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Cheaper transactions on top of another chain
72 coins tagged Layer 2 (L2), worth $8.84B together. #53 of 72 by worth.
Rollup: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Boba Network$8.96Mthis coin−2.5%99% outno record
Arbitrum$887.02M99.0× bigger, +$878.06M−2.6%, gap −0.167% outnone dated
Optimism$227.96M25.4× bigger, +$219M+3.8%, gap +6.354% outnone dated
Starknet$201.44M22.5× bigger, +$192.48M−2.3%, gap +0.272% out10 of 24 delivered
Immutable$107.87M12.0× bigger, +$98.91M−1.1%, gap +1.444% outno record
Nervos Network$55.81M6.2× bigger, +$46.85M−4.7%, gap −2.1no maxno record
AltLayer$46.18M5.2× bigger, +$37.23M−2.5%, gap +0.071% outno record
Hermez Network$36.66M4.1× bigger, +$27.7M−1.1%, gap +1.4100% outno record
Rollup: this coin next to Arbitrum, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Boba Network says
- Boba Network is a blockchain Layer-2 scaling solution and Hybrid Compute platform offering lightning fast transactions and fees up to 100x less than Layer-1.
- Arbitrum says
- Arbitrum is a technology platform that provides the infrastructure for building financial applications, tokenized assets, and custom blockchains.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Boba Network is a blockchain Layer-2 scaling solution and Hybrid Compute platform offering lightning fast transactions and fees up to 100x less than Layer-1.
Problem it says it solves: cheaper transactions on top of another chain. 72 coins are working on it and together they are worth $8,839,919,541. This coin is 0% of that.
Where it trades: Coinbase, Crypto.com, Kraken, Bybit, KuCoin
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Rollup: this coin next to the group's largest, Arbitrum.
| Boba Network | Arbitrum | |
|---|---|---|
| Years trading | 5 years | 3 years |
| Major exchanges | 5 | 11 |
| Named backers | 0 | 2 |
| Headlines, last month | 1 | 108 |
| Promises delivered | no record | no record |
What it says is different: Boba Network is a blockchain Layer-2 scaling solution and Hybrid Compute platform offering lightning fast transactions and fees up to 100x less than Layer-1.
It is 1.0% the size of Arbitrum. On the facts above it is behind on major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $7.93 on 25 November 2021. Today is 0% of that.
99%
of all BOBA that will ever exist is already out in public hands: 493.6M coins.
1% (6.4M coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Pays for every use of its network
Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.
- Every transaction on its network pays a fee in it
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 493.6M of 500M.
- 6.4Mcoins still to be released, 1% of the maximum. Releases can add selling pressure.
- of its all-time high of $7.93 on 25 November 2021. That is −99.8% from the top.
- #1257by market cap, $8,958,255.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $2.41M is locked in apps built on it right now
- Users paid $127 in fees to use it in the last 30 days, $127 of that kept by the network
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
1 headline named this coin in the last month.
What they were about
- Price1
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy