Dogecoin co-founder, Billy Markus, criticized the newly launched BEN meme coin, which goals to change into an consideration economic 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 in opposition to one another following a press release from Billy Markus, the software program developer who co-founded probably the most outstanding meme coin, DOGE.
Just lately, Markus expressed his disappointment with an announcement made by Ben Armstrong, a well-liked crypto influencer generally generally known as Bitboy, concerning the BEN coin mission. In a tweet, Markus referred to as the replace “fairly lame” after Armstrong disclosed that he had formally joined the BEN coin group.
that is fairly lame
— Shibetoshi Nakamoto (@BillyM2k) May 9, 2023
The response tweet from the DOGE founder generated loads 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 Clever Ben” group to direct the meme coin mission.
Armstrong defined that BEN wouldn’t simply be a meme coin however can be remodeled into an consideration economic system coin. Based on Armstrong, BEN’s major goal might be to convey constructive consideration and consciousness to assist the adoption and utilization of cryptocurrencies. He added that BEN might change into a monster coin that may find yourself within the prime 20 to 50 cryptos.
He additional acknowledged that the neighborhood round BEN was already wonderful and that they’d work to usher in extra constructive adjustments.
$BEN now stands for:
“Be In every single 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 speak about it. Let’s be about. Video coming later.
— Ben Armstrong (@Bitboy_Crypto) May 9, 2023
Whereas some might dismiss BEN as simply one other meme coin, the eye economic system coin idea has been gaining traction within the crypto trade. Consideration economic 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 In every single place Now,” which is a consultant phrasing for the proposed consideration economic system.
Is Doge a Safety?
Final month, the Dogecoin founder argued that the Doge shared practically 100% 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.
Based on CoinMarketCap knowledge, DOGE is among the many prime ten cryptocurrencies with a market cap of over $10 billion.