Top Influencer Ben 'BitBoy Crypto' Armstrong Launches New Cryptocurrency - $BEN Token
Controversial crypto influencer Ben Armstrong, alias BitBoy, has announced the launch of a new cryptocurrency token $BEN.
BEN is the governance token for Bitboy's decentralized autonomous community tagged Ben DAO.
The influencer took to Twitter to share the development on May 8, highlighting a few key elements about the token.
$BEN is the newest meme coin to join a long list, with an as-yet unknown utility other than 'being better than JEFF token', Armstrong stated.
According to widely followed crypto Twitter account @inversebrah, BEN had already been trading for two days before Ben Armstrong’s disclosure.
The social sentiment for BEN has also been mixed.
Some traders reacted badly to BitBoy not informing them earlier about the coin. Crypto McKenna, another well-known Twitter influencer with 61.5K followers, even branded Bitboy's token as a top signal for meme coins.
Some think Bitboy created the token, but he claims the token was created by another party on behalf of his group, Ben DAO.
In BitBoy's words, that decentralized autonomous organization is made up of "all the important Bens in crypto." Bitboy went on to say that Ben token started as a fun thing that he didn't expect will get serious.
When asked why he decided to do it, Bitboy said the coin’s market cap became $1 million overnight while he was asleep, turning what started as a joke into a serious investment.
Ben Armstrong also disclosed he has Ben tokens in his portfolio. He listed some key facts about the coin noting it bears his name and that Ben DAO is on Telegram.
Again, Bitboy made bullish remarks about his Ben token, touting it as a better coin that will outpace JEFF coin to become the number one.
With 1 million Twitter followers, Ben is loved by some and hated
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