Oh, How The Mighty Have Fallen! Ben Token Falls Almost 95% From Its All-Time Highs After 'BitBoy Crypto' Ben Armstrong's Arrest — Coffeezilla Calls It Excessively 'Unhinged'
Portfolio Pulse from Mehab Qureshi
Ben Armstrong's Ben (CRYPTO: BEN) token experienced a significant drop of more than 21% in the past 24 hours following the news of his arrest. The token has fallen over 93% from its all-time high. Armstrong was taken into custody after a live broadcast on YouTube took an unexpected turn. Armstrong had previously been ousted from his media company, BitBoy Crypto. He has received donations exceeding $54,000 in Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), and Cardano (CRYPTO: ADA) to fund his legal campaign.
September 26, 2023 | 6:38 am
News sentiment analysis
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Ben Armstrong's arrest has led to a significant drop in the value of his BEN token.
The arrest of Ben Armstrong, the creator of the BEN token, has led to a loss of confidence in the token, resulting in a significant drop in its value.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Cardano was one of the cryptocurrencies used to donate to Ben Armstrong's legal campaign.
While the news is not directly related to Cardano, it was one of the cryptocurrencies used for donations, which could potentially increase its usage and visibility.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Bitcoin was one of the cryptocurrencies used to donate to Ben Armstrong's legal campaign.
While the news is not directly related to Bitcoin, it was one of the cryptocurrencies used for donations, which could potentially increase its usage and visibility.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Ethereum was one of the cryptocurrencies used to donate to Ben Armstrong's legal campaign.
While the news is not directly related to Ethereum, it was one of the cryptocurrencies used for donations, which could potentially increase its usage and visibility.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50