What is Ben Coin?
About Ben Coin
Since its launch, the BEN token has increased by 736%, and famous YouTuber Ben Ceiling, known by his nickname BitBo_Crypto, has recently taken the plan under his supervision, setting himself the task of turning it from a meme coin into a “coin to accept cryptocurrencies”.
This monitoring of the Ben coin’s value looks at its troubled timeline, and roadmap, as well as short-term as well as long-term monitoring of its possible value in the next 7 years.
Ben Price History
BitBoy Crypto cryptoinformerBitBoy Crypto played a major role in promoting Ben to the public at the beginning of May.
The launch of Ben was performed in general through 2 days after that, as well as Binance announced the listing of Pepe, as a result of which the price of this coin-meme reached $1.8 billion.
Binance’s announcement threw the meme coins into a state of frenzy, and a large number of new coins appeared in the following time. Most of these coins-memes doderzhdoderzhali, in general, one or two days, after which the same boom verse and also about them forgot, as well as almost all assessments considered that in this case the most will happen and also together with Ben.
But with BitBoy Crypto, there seems to be the most significant vision of the token, someone dubbed it “the process of his own life” on Twitter.
On May 9, the value reached a high of $0.0000001826 before dropping down to $0.00000003913 on May 12.
On May 12, BitBoy said in his tweet that someone would completely take over the management of the plan with Ben.ETH, that, according to rumor, at first let the plan. Already after this information the value increased with time, and on May 23 there was a disruptive increase.
As a result of May twenty-five the value of Ben.ETH reached its own ATH of 0.0000002725 dollars and also together with such times has the direction to decrease.
Together with the launch stage, the coin found itself in the middle of some controversies, and its main members – Ben.ETH and BitBoy Crypto firms – not long ago became involved in other heavy processes.
Not long ago, a class action lawsuit was filed against BitBoy Crypto in connection with allegations that someone (as well as other individuals) had misled traders about investing in FTX.
Later in a Yahoo Finance post, it was revealed that BitBoy was guilty of defender persecution in connection with this process.
However, not so long ago BitBoy took 100% oversight as well as responsibility for the Ben token by publishing a long-term roadmap on its own Youtube channel.
Ben Price Prediction 2023
BitBoy Crypto has recently posted a video clip on YouTube, which tells the story of the Ben coin roadmap. The roadmap is not yet available on the Ben website and is also considered unique for this video.
At the beginning of the video clip, the main task of forming the Ben coin was announced. Unlike other meme coins, the Ben coin has a real task: to promote the popularization of cryptocurrencies.
According to the video, the Ben coin will be oriented toward the resolution of 4 key issues according to the introduction of cryptocurrencies.
These 4 pillars are awareness of residents, crypto-formation, national regulation, and also crypto-news.
According to the study done by Kaspersky, the main obstacles to the adoption of cryptocurrencies are considered to be economic threats, security threats, and lack of physical assets that provide cryptocurrencies.
With any of these issues, there are significant counterarguments, as well as the combination of the 4 above-mentioned constituents, that can help people realize that the advantages of cryptocurrencies have all the chances to significantly outweigh their disadvantages.
According to the “roadmap” of Ben’s coin, the initial target will be the realization of campaigns according to informing the population.
The advertisement will be focused on attracting interest in the disadvantages of classical finance together with the application of a shock strategy.
Already after that, by the third quarter of 2023, the plan is going to turn Ben into a token manager, which will enable users to give their vote because of the initiative of the Ben plan.
In the end, the plan will try to form regulatory and educational initiatives, acting to create regulatory certainty in the field and also educating the general public about the advantages of cryptocurrencies.
It is fully evident that BitBoy seriously belongs to the plan and also defines Ben’s major missions. Together with this its monitoring of the value of Ben coin implies that by the end of 2023, its price will be 0.0000001 dollars.
What is Ben Coin?
Ben is a meme coin that turned into a practical token that is currently period supervised by the cryptocurrency BitBoy, an authoritative YouTube user.
The plan tied equally as a taunt to unite absolutely everyone together with the name Ben, however together with BitBoy’s stage of involvement in it, the plan is set to encourage the adoption of cryptocurrencies in the mainstream.
The plan will arise together with a hostile advertising campaign centered on those who are usually against cryptocurrencies or do not realize them in any way.
Even after that, the plan will promote together with stabilizing bodies as well as provide general educational media content with the aim of extensive darkness of cryptocurrencies, which will be aimed at increasing the degree of acceptance of cryptocurrencies.
Regulators of the European Union have created a crypto regulatory framework called Markets in Crypto Assets (MiCA).
The draft law is aimed at providing regulatory certainty on multiple cryptocurrency issues, allowing companies to be convinced that they are in no way complying with virtually any laws.
But the United States lags in this regard, with less certainty and more confusion about how cryptocurrencies should be regulated.
For example, the Special Commission on Significant Securities and Exchanges of the United States of America (SEC) and the Special Commission on Commodity Futures Trading (CFTC) are currently engaged in heavy litigation with Binance.
The issue is that cryptocurrencies in no way have a chance to be at the same time products and also significant securities, which emphasizes the need for huge regulatory and legal certainty in the relationship of cryptocurrencies.
Ben will also support crypto-formation and announcements to the people, and BitBoy also promises that Ben will have its decentralized news path.
However, it should be emphasized that Ben coin has no “whitepaper”, and its roadmap consists of thoughts, which have a chance to change in every period.
What influences the price of Ben?
Ben is a new cryptocurrency that has caused quite a stir in the crypto community. So far, its price has been in turmoil, but below we take a look at the main factors that could affect its future price.
Ecosystem development
The Ben token has an ambitious roadmap and end goal. However, the project may face many challenges on the way to achieving it. Therefore, Ben’s ability to realize its roadmap could have a significant impact on its price.
Broader market conditions
Most cryptocurrencies move in unison, especially in the long term. This means that if the market is trending downward, almost all other coins will follow, and vice versa.
Hype
Since Ben is a community-created token, the demand for it will be largely driven by hype and speculation. As such, the ability to maintain the hype will play a key role in the success of the project.
According to BitBoy Crypto experts, one of the four pillars of mass adoption of cryptocurrencies is public awareness. Therefore, the first step in the project’s roadmap is a public awareness campaign. If successful, this could significantly boost the price of the ben in the coming months.
Conclusion
Overall, the team working on Ben is taking actions that seem to be moving the coin towards becoming a long-term cryptocurrency.
However, there are still several uncertainties surrounding Ben, and it will be a long time before it can truly establish itself as a legitimate cryptocurrency project.
Nevertheless, we have compiled a list of over 20 proven cryptocurrencies that may prove to be a better choice than Ben. Hit the link below to check out our top picks.
FAQ
What is the Ben coin price forecast for 2023?
According to our prediction, the price of Ben coin will reach a minimum of $0.00000005 and a maximum of $0.0000001 by the end of 2023.
Does Ben cryptocurrency have a future?
Although Ben’s cryptocurrency started as a meme coin, it now has a legitimate use: it is used to attract new users to cryptocurrencies, and Ben’s coin is used for management.
However, the project is at an early stage of development, so anything can happen and the project carries a lot of risks.