Dogecoin co-founder, Billy Markus, criticized the newly launched BEN meme coin, which goals to change into an consideration financial system coin, inflicting a stir within the crypto neighborhood.
The Dogecoin (DOGE) neighborhood members and proponents of the newly launched BEN meme coin could also be up towards one another following a press release from Billy Markus, the software program developer who co-founded essentially the most distinguished meme coin, DOGE.
Not too long ago, Markus expressed his disappointment with an announcement made by Ben Armstrong, a well-liked crypto influencer generally generally known as Bitboy, relating to the BEN coin venture. In a tweet, Markus referred to as the replace “fairly lame” after Armstrong disclosed that he had formally joined the BEN coin staff.
that is fairly lame
— Shibetoshi Nakamoto (@BillyM2k) May 9, 2023
The response tweet from the DOGE founder generated a whole lot of reactions from the crypto neighborhood, with some individuals calling for Armstrong to be sued if the BEN coin finally goes to zero.
Moreover, Armstrong claimed that he and an individual with username ben.eth, alongside a soon-to-be-announced third member, will make up “The Three Sensible Ben” staff to direct the meme coin venture.
Armstrong defined that BEN wouldn’t simply be a meme coin however could be reworked into an consideration financial system coin. In line with Armstrong, BEN’s main goal can be to deliver constructive consideration and consciousness to help the adoption and utilization of cryptocurrencies. He added that BEN may change into a monster coin that may find yourself within the high 20 to 50 cryptos.
He additional said that the neighborhood round BEN was already wonderful and that they’d work to usher in extra constructive adjustments.
$BEN now stands for:
“Be All over the place Now”
We’re going to actually change issues. So sure, this began out as a memecoin. So let’s have enjoyable with it. Neighborhood is already wonderful.
However let’s not simply discuss it. Let’s be about. Video coming later.
— Ben Armstrong (@Bitboy_Crypto) May 9, 2023
Whereas some could dismiss BEN as simply one other meme coin, the eye financial system coin idea has been gaining traction within the crypto trade. Consideration financial system cash goal to reward customers for his or her consideration and engagement, in the end making a self-sustaining ecosystem.
Moreover, the crypto influencer famous that BEN stands for “Be All over the place Now,” which is a consultant phrasing for the proposed consideration financial system.
Is Doge a Safety?
Final month, the Dogecoin founder argued that the Doge shared almost a hundred percent the identical code base as the most well-liked crypto, Bitcoin (BTC). He concluded that if DOGE would ever be categorized as a safety, then Bitcoin is a safety.
In line with CoinMarketCap information, DOGE is among the many high ten cryptocurrencies with a market cap of over $10 billion.