The increase in the popularity of Bitcoin and cryptocurrencies also allows new projects to come to the market.
While some of these projects and their team are healthy, some of them disappear after a certain period of time because their aim is to defraud investors.
In this context, the crypto phenomenon known as Ben.eth on Twitter, which has revealed three new crypto money projects in the last month, announced that it has started a new project.
The phenomenon named Ben.eth launched the projects BEN, PSYOP and LOYAL within a month.
The phenomenon named Ben.eth, who made rugpull in all three of these projects, has now released a 10,000-piece NFT collection.
While the cost of issuing each NFT is set at 0.1 Ethereum, Ben.eth said he will send NFTs to those who have Twitter Blue memberships and put an “orange box” image next to their name.
When Ben.eth's other projects were examined, it first launched a token called BEN.
A few days after the BEN token was released, some problems arose in the project and the project could not recover.
In this project, Ben.eth, which was also discussed with the agreement he made with Bitboy Crypto (Ben Armstrong), the agreement he made with Ben Armstrong and the name of his project "BEN" led to the discussion of whether he launched the project or not. However, Ben Armstrong denied the allegations, saying that they only made a deal.
After the BEN token's problems, Ben.eth disappointed its investors by selling BEN tokens.
Shortly after the BEN token debacle, the crypto phenomenon announced another project called PSYOP. Promising to be different this time, the phenomenon held a pre-sale for the PSYOP token after gaining confidence. However, after making enough money, Ben.eth converted the PSPYOP supply to Ethereum, causing the token to become worthless.
Partnering with BitBoy Crypto in his third project, LOYAL, Ben.eth stated that he would hold 67% of the token supply and sell 33%, but he did not keep his promise and gave up the tokens in his hand.
The crypto phenomenon Ben.eth, which has earned millions of dollars with its three projects, has a large number of ETH in its hands.
*Not investment advice.