Crypto blogger Armstrong praises ADA and slams Solana as it falls below Tron by market cap
Controversial crypto YouTuber Ben Armstrong, also widely known as BitBoy on social media, took to Twitter to confirm his support for Cardano’s ADA and how much he despises the Solana blockchain’s SOL token.
After his tweet, in which he said that Tron was about to topple Solana by market cap figure, SOL has already moved under TRX on the CoinMarketCap website.
“ADA is 75% bigger than SOL”, BitBoy keeps slamming Solana
Armstrong reminded the community that Cardano’s native token, ADA, is 75% larger than SOL by market cap value. Also, as if, consistent with his observation that TRX was about to flip SOL on CoinMarketCap, this indeed happened. Now, TRX has overtaken SOL and SHIB tokens, taking 14th place, while SHIB and SOL now reside in 16th and 15th place respectively.
Let me show you a picture. One project is in the top 10. One is about to get knocked down by Tron. pic.twitter.com/rSChqxWW8
—Ben Amstrong (@Bitboy_Crypto) January 4, 2023
Initially, at the end of December, SHIB overtook SOL by the aforementioned metric, but now both of these tokens are breathing Tron’s neck.
In his tweet, Armstrong criticized “Solana fantrolls”, who try to make themselves and the chain they support seem more relevant than Cardano and its native token.
In his previous tweets, “BitBoy” Ben Armstrong repeatedly slammed Solana, accusing her of being centralized, and other things as well. In particular, he said his venture capitalists poured their SOL into the community. Also, the Solana community itself, according to the YouTuber, consists of “toxic people married to underwater bags.” Additionally, he keeps reminding his followers that the founder of the recently bankrupted giant FTX, Sam Bankman-Fried (known as SBF), was Solana’s biggest supporter in the space.
SOL price up 17.25%, here’s what’s driving it
As reported by U.Today earlier, in the past 24 hours, Solana’s price has jumped nearly 20% from the $8 level it hit after big chain supporter SBF collapsed. , which used funds from its trading company Alameda Research to buy one of the massive amounts of this token. SOL has already reclaimed 15th place from CMC, which SHIB lost not too long ago.
Overall, SOL slumped from the $260 high all the way down to the $8 mark. But now its market sentiment has improved a bit.
The 17% rally for SOL was caused by the recently airdropped of a new canine meme piece called BONK. For some reason, this event got the SOL community excited. However, BitBoy shared a theory that San Bankman-Fried and FTX might be behind BONK’s launch.
The YouTuber admits that’s just his assumption, but the more he thinks about it, the more he’s inclined to believe there’s some truth to it.
If you don’t think it’s possible, SBF/Alameda is late $bonk you are intellectually dishonest. I’m not saying it’s guaranteed, but the more I look at it, the stronger I believe the possibility.
—Ben Amstrong (@Bitboy_Crypto) January 3, 2023