Bitboy, the million-subscribed Youtube channel, shared an altcoin project that he stayed away from despite the 50% rally. Despite all the interest, the analyst prefers to wait for a while
This altcoin is attracting attention, but analyst says it won’t buy
Despite his impressive growth over the past week, YouTuber Ben Armstrong does not yet trust Dogecoin. The controversial crypto analyst announced on Twitter that he will not be buying Dogecoin no matter what. Meanwhile, Dogecoin is rallying more than 50% after Elon Musk’s acquisition of Twitter. Dogecoin supporter Musk has previously discussed using cryptocurrencies to pay on social media.
Bitboy’s position on Dogecoin also drew backlash from the community. Some ignored, saying the YouTuber was just trying to get attention. Some people also responded to his tweet with ironic comments. Crypto phenom Ben Armstrong, who has more than 1.4 million YouTube subscribers, has been criticized in the past for his overly exaggerated content.
Armstrong was one of the loudest supporters of Celsius Network, the biggest crash of recent years. He said he believes the lending platform will be a successful endeavor. In his March 2022 portfolio promotional video, he revealed to his YouTube followers that Bitsquad had a CEL of 25,000 Celsius, which was more than $83,000 at the time. Withdrawals from Celsius were frozen in June. The YouTuber claimed to be one of the people affected by the collapse of the lending platform. Armstrong later admitted that a “conflict of interest” prevented him from filing a class action lawsuit against Celsius because of his “affiliation with Celsius.”