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Highlights
- Talking Ben cryptocurrency is a new BSC blockchain-based project with the native BEN coin
- The project states it would enter the NFT market and DAO space in the coming days
- BEN crypto may be trending right now, but how it performs in the future has yet to be seen
Cryptocurrencies are behaving in their usual manner in the face of the Ukraine crisis. These assets fell sharply in the initial hours of the Russia-Ukraine war, but then staged a comeback, and now again major cryptos like Bitcoin and Ether are trading in the red.
CoinMarketCap tracks over 17,000 cryptocurrencies, which gives a sense of the enormity of the crypto universe. Now, a new coin by the name Talking Ben, with the ticker BEN, has been launched. Let’s know about it.
What is the Talking Ben crypto?
Not much is known about the BEN coin as it is yet to be listed on websites like CoinMarketCap or on major exchanges like Coinbase. What is known so far from reports is that the Talking Ben coin is now live on the Binance Smart Chain (BSC).
There is also, seemingly, a website for the Talking Ben cryptocurrency project. The website describes it as “community-focused” with “constant rewards.” The website states there can be 100 trillion tokens of BEN.
Eventually, the project claims to enter the non-fungible token (NFT) market with Ben NFTs. This could be followed by Ben DAO, which could be the project’s plunge into the decentralized autonomous organization space.
Also read: As Snoop Dogg joins Sandbox metaverse: What is SAND’s price prediction?
Talking Ben coin availability
The BEN crypto is said to be available on the PancakeSwap exchange. The website of the project mentions that all BEN transactions are subject to a 10 per cent fee, which will be diverted toward marketing.
Is Talking Ben crypto safe?
Nothing could be said as of now. Since its launch, the Talking Ben crypto has become a major trend in the cryptocurrency world, but that does not essentially mean the project is safe.
Also read: What is My Neighbor Alice game & its crypto’s price prediction?
Crypto Continues to Struggle as Conflict Ukraine Ramps Up
As stated earlier, tens of thousands of cryptocurrencies are floating in the market. Talking Ben is a very new addition to the list, and it seems to be riding the NFT craze.
NFTs are popular, and a few related to the CryptoPunk project and Beeple have sold for millions of dollars each. How Talking Ben crypto enters the already-crowded NFT market remains a wait-and-watch game.
Besides, cryptos have shown extreme volatility this year, and even the high market cap Bitcoin and others are not immune to this wild fluctuation in prices. This makes cryptocurrencies a risky space, more so when a coin has just launched, and the project’s utility is not clear.
Data provided by CoinMarketCap.com
Also read: Russia-Ukraine war: Possible impact on cryptos & can BTC prove utility?
Bottom line
The Talking Ben crypto uses the BSC blockchain network. The native BEN coin is a new entrant in the vast world of cryptocurrencies, and it is yet to be listed on major crypto tracking websites and exchanges.
Trading in cryptos is a risky affair, and it may be more so when the project is relatively new and has a very low market cap. The BEN crypto is making noise right now, but how it behaves in the long term may become clear in the coming months.
