- Crypto influencer points warning message concerning Bitboy’s presale plan.
- He expressed his disbelief on the $10 million raised up to now.
- Bitboy defends the BEN coin, assuring the neighborhood that it’ll profit from LOYAL.
In a latest tweet that brought about a stir within the crypto neighborhood, high influencer Crypto Tony issued a robust warning message concerning a presale challenge led by crypto persona Ben Armstrong, also referred to as Bitboy.
The influencer expressed amazement on the quantity of funds collected up to now by BEN.ETH, the token related to Armstrong’s newest enterprise, known as LOYAL. Particularly, practically 2,000 Ethereum (ETH) tokens, equal to over $10 million, have been deposited on the BEN deal with in query.
With a contact of disbelief, the influencer warned followers in opposition to sending cash to Armstrong, highlighting the perceived irrationality of such an motion. Whereas some folks see it as playing, others think about it an quaint cash laundering scheme.
This proclamation comes at a time when Armstrong has taken management of the BEN coin challenge, which operates primarily as a meme coin.
In response to the considerations raised, Armstrong took to Twitter to shed some gentle on the scenario. He assured the neighborhood that the BEN coin, on the middle of his efforts, would profit from the LOYAL challenge.
Armstrong advised that the connection and imaginative and prescient behind the 2 initiatives will develop into obvious to BEN coin believers in due time. The tweet additional underlined Armstrong’s intention to strengthen the “BEN Nation” by collaborating with the Ben neighborhood.
Earlier this month, Ripple’s Chief Expertise Officer (CTO), David Schwartz, expressed settlement with the sentiment that the BEN meme coin challenge is a possible draw, as Coin Version stories.
Within the tweet, Schwartz raised considerations about Armstrong’s choice to affix the staff, suggesting a hyperlink between his involvement and the potential for a rip-off.
