• Crypto influencer Ben Armstrong was just lately interviewed by Altcoin Day by day.
• In an interview, Armstrong predicted that BEN Coin would quickly enter the highest 20 listing.
• On the time of writing, BEN was buying and selling at $0.000000073452 after posting a 1.3% loss.

Crypto influencer Ben Armstrong, who has confronted vital backlash over the previous few weeks for becoming a member of BEN Coin (BEN), was just lately interviewed by Altcoin Day by day. In an interview, he expressed his enthusiasm for BEN, which has been labeled by many as a fraudulent challenge.

The controversial influencer additionally defined the challenge’s tokenomics and its usefulness. He even predicted that this cryptocurrency would quickly turn into a high 20 challenge within the Web3 area.

His high 20 predictions got here after the token entered the highest 300 cryptocurrency listing simply three days after its launch on Might 8, 2023. In keeping with BitBoy, many of the challenge’s actions and operations shall be internally funded by a liquidity pool. Initiatives generate income within the type of transaction charges.

Together with the liquidity pool, a Decentralized Autonomous Group (DAO) shall be established, permitting BEN holders to vote on how their earnings are used. The influencer mentioned governance of the challenge shall be rolled out inside the subsequent month.

To guard traders, challenge staff members will solely be allowed to promote BEN tokens when the entire market capitalization of the challenge reaches $500 million, in keeping with the influencer. Moreover, the inner staff’s buying and selling quantity is proscribed to his 1.5% of his whole day by day buying and selling quantity on BEN.

CoinGecko instructed the cryptocurrency dropped in rankings after coming into the Prime 300 listing. On the time of writing, BEN ranked 540th on the listing of the most important cryptocurrencies by market cap, with a market cap of $31,189,390.

The altcoin was buying and selling at $0.000000073452 after recording a 1.3% loss over the previous 24 hours. Along with falling in opposition to the greenback, BEN additionally fell 0.2% in opposition to Bitcoin (BTC). Nonetheless, it rose 0.2% in opposition to Ethereum (ETH).

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