BEN Coin shilled by Crypto Influencer Ben ‘Bitboy’ Armstrong

Ben Coin Shilled by Crypto Influencer Ben ‘Bitboy’ Armstrong

The BEN token was launched a few days ago but gained popularity on Crypto Twitter when Bitboy Crypto’s Ben Armstrong expressed his involvement on Monday.

On May 6th, the contract address and trading chart against Wrapped Ether were shared on Twitter, and a Telegram group was created. The token’s value saw significant volatility, rising 300% in the morning and dropping 200% a few hours later.

BEN is currently trading on decentralized exchange Uniswap and has approximately $2 million worth of liquidity.

BitBoy Crypto is not the founder of BEN, and he clarified that he merely joined the team that launched the token. Despite ongoing legal battles, Armstrong has not ceased his involvement in BEN’s launch and continues to create content for his significant following on Twitter and YouTube.

BEN is part of the recent trend of meme coins, with PEPE coin leading the way with a $1 billion market cap after being added to Binance’s innovation zone. CoinMarketCap previously displayed BEN’s market cap as $16.5 million, but it could not be verified, and the site no longer displays the market cap.

Ben Coin Twitter: @bencoin_eth

$BEN listed on Poloniex and LBank as of May 9. The popularity of meme coins is increasing day by day. $BEN is part of this meme coin trend and continues to rise.

Meme Coins Explained

A meme coin is a term used in the world of cryptocurrency to refer to popular currencies that are often represented by comical or animated memes. These currencies are usually backed by passionate online traders and followers. Although meme coins can be amusing, they are also highly precarious investments and may have little to no underlying worth.

This category encompasses cryptocurrencies such as Dogecoin, Shiba Inu, and others that may provide more entertainment than practical use. It is important to be aware of the risks when purchasing or trading meme coins to prevent unanticipated instability and financial losses.

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