Beware Rugs/Pump n Dumps (Patreon)
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#Ben sold $BEN
Ben did promise to hold for a "6-month HODL promise!" but the reason I care is threefold:
1) Hurts Retail Investors
2) Pulls liquidity from real projects
3) Gives Crypto a bad name
Ben Armstrong, also known as Ben Bitboy, is a popular cryptocurrency YouTuber with over 1.7 million subscribers. On March 8, 2023, he announced that he would be launching his own cryptocurrency, BEN, on March 9, 2023. The token was launched on the Binance Smart Chain and was immediately met with high demand.
Michael Branch interviewed Ben the other day about $BEN. For over an hour, he stated that this project meant something to him, that he was going to “lift crypto up” and had no plans to sell. He also promised to hold for a "6-month HODL promise!"
Bitboy defended his sales, saying the $BEN token has a new backer struggling to move funds through traditional accounts.
I call BS. Perhaps needs cash to pay for Miami Pool Parties at the Bitcoin Conference.