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BitBoyCrypto Reacted on Recent Ben Coin Bull Run with 101% Surge

Pathik Bhattacharya
Pathik Bhattacharya
Published on May 25, 2023 07:19 AM

Bitboy has expressed his delight at the recent 101% increase in the price of BEN, a meme-based project with which he is directly linked.

BitBoyCrypto Reacted on Recent Bull Run
Source: Unsplash

Ben Armstrong, also known as Bitboy, a prominent crypto YouTuber, has expressed his delight at the significant increase in the value of the BEN token, a recently created meme asset with tight ties to the influencer.

The digital asset, which had sparked substantial interest in recent weeks, surged by 101.9% in a single day, eliciting excitement among investors and attracting the attention of the cryptocurrency community. Let's see how Ben Coin has moved since then after gaining so much social hype.

BitBoyCrypto Praised BenCoin Community

BitBoy, who previously highlighted his engagement in the BEN project's team, took to Twitter today to express his happiness with the asset's performance. He stated triumphantly, "Let's go bois BEN," followed by a chart depicting BEN's extraordinary ascent.

BitBoy stated in an attempt to send a message to those who have criticised the project: 

“People are going to be sadly mistaken if they doubt BEN. I can’t believe people still fade me. You would think they would learn by now.”

This reaction was inspired by crypto enthusiast Jake Gagain's praise and belief that the BEN currency has the ability to rise to the top 50 list of the most important currencies in this cycle.

While Bitboy was celebrating BEN's amazing growth, a crypto investor known as Cryptopolitan.eth around the same time, made significant market changes. 

According to a market tracker, the trader purchased 64.84 million PSYOP tokens worth around 112 ETH or $203,000, as well as 285 billion BEN tokens for a stunning 26.3 ETH or $48,000. 

Ben Coin Price Analysis

Ben (BEN) is currently trading at $0.000000223168 with a 24-hour trading volume of $40,579,432. This is a 51.17% increase in the previous 24 hours and a 170.71% gain in the last 7 days. Ben has a market valuation of $93,884,642 with a circulation supply of 420 Trillion BEN.

In a 4-Hr chart, Ben Coin is making a Rising channel pattern which indicates a bullish movement. The price traded between the $0.00000025 to $ 0.00000021 range which caught many investors' eyes is now heading towards another green candle as the investor's confidence is rising.

Moreover, the 14-day RSI is at the 77 mark which indicates that the token is trading in an overbought zone. This region has historically seen major price fluctuations as going overbought region is profit taking zone and many short-term investors just leave the market after booking profits.

ben coin price chart

Source: TradingView | Dextools.io

Conclusion

In conclusion, Ben Coin is at a very good pace, climbing up the new price ATH and the community building influenced by the name "BitBoyCrypto" is looking optimistic. Overall, Ben Coin is experiencing a bullish movement currently.

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