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Crypto Market News: Popular influencer Andrew Tate lashed out at Ben.eth, the creator of PSYOP cryptocurrency. The latest reputation behind memecoins like PEPE Coin led to the creation of latest tokens. However, moral practices like linking crypto tokens with influencers might have a cascading impact on the crypto market sentiment. Meanwhile, the Bitcoin value is displaying a bearish outlook amid weak macroeconomic situation within the United States.

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Andrew Tate, the social media sensation in the previous few years, has been linked to 3 crypto tokens in latest instances. Importantly, all of the hyperlinks had been uncalled for and plain unethical.

Andrew Tate Crypto Links

Earlier, CoinGape reported that ben.eth had linked PSYOP memecoin with Andrew Tate as a possible purchaser. Whereas YouTuber Ben Armstrong’s hyperlinks to the BEN memecoin had been additionally not directly linked to Tate. In December 2022, Armstrong supported Tate after the infuencer’s arrest. Armstrong had earlier within the week dumped all his BEN token holdings, which coincided with a value drop within the token.

Another crypto token $SLUTS was created lately with hyperlinks to Andrew Tate. The influencer mentioned the coin was created after he joked about launching a crypto token.

When I made a joke I didnt count on a bunch of aspy idiots to launch a coin known as $sluts inside 15 fucking seconds?

Who are you folks? dont you may have lives?

How did you even see my tweet and launch it that quick.

Crypto is actually simply degen autists.

— Andrew Tate (@Cobratate) May 15, 2023

Tate admitted that he holds cryptocurrency holdings value $100 million and that he doesn’t prefer to attend the crypto conferences. “I have 100m of crypto and I still don’t go to those boring conventions.” He defined that there was some sense to encourage Bitcoin and Ethereum however he wouldn’t endorse the memecoins.

Also Read: Is Bitcoin Price Really In Bull Market? Glassnode Data Suggest Otherwise

Anvesh reviews main developments round crypto adoption and buying and selling alternatives. Having been related to the trade since 2016, he’s now a powerful advocate of decentralized applied sciences. Anvesh is at the moment based mostly in India. Reach out to him at anvesh@coingape.com.

The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.