Ben Armstrong is a YouTuber, podcaster, crypto enthusiast, and the founder of BitBoyCrypto.com. He is better known as BitBoy Crypto and attempts to educate and inform the crypto community. 

He has recently been circulating claims concerning the Solana Blockchain’s uncertainty. Armstrong claimed that Solana was dead and that there might be no other way to save the network. He further claimed that Alameda Research was laundering money and brute forcing transactions every time the Solana blockchain paused. And the enthusiasts who own this currency should dump it.

Unsurprisingly, he has made yet another controversial remark about the token. 

“ADA is 75% bigger than SOL,” BitBoy continues to slam Solana

In a recent tweet, Armstrong reminded the community that Cardano’s native coin, ADA, is 75% larger in terms of market capitalization value than SOL. Bitboy said that ADA was a much bigger cryptocurrency than SOL, pointing out that it had almost double the market cap of SOL when sharing the list of cryptocurrencies by market cap. While ADA was in the top 10, he said, SOL ran the chance of slipping to 15th place behind Tron’s TRX.

OMG the funniest thing about how sad the #Solana fantrolls is they try to make it seem like they are more relevant than #Cardano. $ADA is 75% bigger than $SOL.

Let me show you a picture. One project is top 10. One is about to get knocked off by Tron. pic.twitter.com/rSSchqxWW8

— Ben Armstrong (@Bitboy_Crypto) January 4, 2023

The crypto influencer believes that the end is close for Solana, which has been plagued by fear, uncertainty, and doubt as a result of its ties to the collapsed crypto exchange FTX and its disgraced founder Sam Bankman-Fried. Recent announcements from well-known NFT projects outlining plans to switch to Ethereum have made the issue worse. 

Cause of Solana’s Dismissal of Performance 

Solana’s main issue in late 2022 was its strong association with FTX founder Sam Bankman-Fried, who is facing eight criminal fraud charges after his crypto exchange went bankrupt. When FTX failed, investors bailed on Solana to the tune of $8 billion. But Solana has fallen even further in recent days as the rest of the cryptocurrency market has been largely quiet and prices have remained constant.

Additionally, two prominent projects, DeGods and y00ts have announced their departure from Solana and revealed that they would be migrating to Ethereum and Polygon. The projects’ creator, Rohun Vora, believes the projects have accomplished everything they can on the Solana network. Polygon and Ethereum are the best places to be in order to encourage growth.

While supporting a claim by a user that Solana is dead, Bitboy tweeted, “I’m sorry if this hurts your feelings… but this is facts, More NFT and crypto projects will leave Solana.” 

The price of Solana is at $ 13.52 per (SOL / USD) with a current market cap of $ 4.97B USD. The future predictions do not look optimistic either.

Twitter CEO Elon Musk has issued an open challenge to bots and trolls on the platform to “attack” him.

What Happened: Musk posted two emojis representing bots and trolls on Sunday in a Twitter thread. The entrepreneur said, “Cool, the bots are so far unable to swarm to the top of my replies!”

Joining in on the thread, Dogecoin DOGE/USD co-creator Billy Markus said he too had made a test post, and “instead of seeing 50 bot replies [I] only saw one.”

“Much progress, very hype,” said Markus in characteristic DOGE speak.

Earlier on Sunday, Markus asked Musk if all bots are “dead” and Musk said “mostly.” The Dogecoin co-creator posted a meme with the text, “Burn Them All” in response.

See Also: Top Tech ETFs Right Now 

Why It Matters: Musk said Twitter would be “moving to prosecute scammers anywhere on Earth.”

On trolls and bots, the billionaire said that they will try other methods but “we’re shutting them down as soon as they show up.”

Some Twitter users though pointed out to Musk that bots and trolls were still present on the platform. 

Before Musk took over Twitter he had said, “we will defeat the spam bots or die trying!”

Read Next: Elon Musk In Meme Says This Technology Is ‘Demonic’ To An Extent World Has Never Seen Before

Photo by Steve Jurvetson on Flickr

Upon receiving numerous attacks after suggesting that the United States Securities and Exchange (SEC) was after Ripple and the XRP token due to the lack of clarity and not because of corruption inside the securities regulator, the founder of Cardano (ADA) decided to hit back.

Indeed, Charles Hoskinson took to YouTube to directly express his disappointment and frustration over the amount of harassment he received over “a single comment,” as he told the public in a video he streamed on October 11.

XRP support and connections

Stressing his connections with the XRP leadership and that he was present at XRP’s every major milestone, and his long track record for being one of the few to support it, the Cardano founder said it was why “it came as a tremendous surprise, the incredible wave of criticism I received for a single comment which was taken out of context from an interview.”

“I was one of the only people in the top 10 of the crypto community to go and talk about the XRP case and said it was wrong for the SEC to pursue actions – that’s a fact, it’s verifiable, you can see it, and yet you want to go down this road as a community. It’s shameful.”

What he truly meant

Furthermore, Hoskinson tried to explain his views by saying that Ethereum (ETH) “may have gotten a pass because, as some believe, some commissioners have been somehow swept up in a large wave of corruption.”

However, according to him, “it could simply be that tens of millions of Americans have participated in Ethereum, collectively put tens of billions of dollars into it, thousands of businesses are built on it, and that Ethereum truly is decentralized.” He added that:

“And the probability of a regulatory enforcement of that would be quite low for Ethereum, whereas it’s higher for Ripple because of facts and circumstances behind the case – who knows.”

As Hoskinson further specified:

“You are the victims of the regulatory capture because there is a legislative hole. It’s not fair, it doesn’t feel good, and it’s a terrible situation for everybody involved, but this is what happens when the government overregulates.”

Cooperation over antagonization

Pointing out the harm done by the behavior he experienced, the Cardano founder concluded with a note on the importance of cooperation in the crypto space:

“We have a small window of time to do things the right way and if we don’t, regulation will come and end our industry as it is. The only thing that’s going to prevent that is if we work together, we set this pettiness and stupidity aside or, by default, we will lose.”

At press time, XRP, the token at the center of the whole saga, was trading at $0.49, down by 5.66% on the day, but up by 2.19% across the previous week, as per CoinMarketCap data.

Meanwhile, it could be facing a major correction – below $0.40 – in the near future, as crypto trading expert Ali Martinez identified a “sell signal” based on the TD Sequential instrument, as Finbold reported.

Featured image via Charles Hoskinson YouTube.

Watch the entire video below:

Centibillionaire and boss of Tesla, SpaceX and two other smaller-cap companies, Elon Musk, has taken to Twitter to promote Tesla’s product that he believes to be the best in its class and to troll the recent case of Twitter against whistleblower Peiter Zatko.

By the way, Musk also gave his favorite crypto, Dogecoin, a bit of free advertising on Twitter.

“Blow the whistle” and “pay in DOGE”

The wealthiest man in the world and the legendary e-car builder has shared a link to Tesla’s online shop, which leads to a page where a piece of Tesla merch is sold – a whistle in the shape of a Cybertruck.

“Blow the whistle!” Musk wrote in this tweet. He then commented that this merch item is sold for Dogecoin. Musk ironically added that Tesla is making these whistles much louder, as if implying that employees should blow the whistle as loud as they can when they see their company’s faults. 

Note, we are working on making the whistle sound much louder

— Elon Musk (@elonmusk) September 13, 2022

It is easy to connect this tweet about “blowing the whistle” with the recent case of Twitter whistleblower Peiter Zatko, the former security chief of the social media giant.

But u have to pay in Doge

— Elon Musk (@elonmusk) September 13, 2022

Twitter whistleblower and Musk

He appeared when Musk decided to back off from the $44 billion deal to acquire Twitter that he suggested this summer. Musk stated that the Twitter management team failed to present an accurate report on the percentage of bots among Twitter users.

Responding to that, Twitter sued Elon, trying to enforce the previously arranged deal on him – after the aforementioned whistleblower emerged and gave a testimony about Twitter being unable to count its exact number of bots and its unwillingness to do so.

Elon Musk’s legal team decided to use these new facts in their case against Twitter. The Tesla boss asked the court to delay the hearing until Oct. 17, as he intends to bring in new evidence into the case.

Shytoshi Kusama, lead developer and one of the main actors of the Shiba Inu (SHIB) project, recently addressed Bloomberg Business with a request to stop referring to Litecoin (LTC) as the third option after Bitcoin (BTC) and Etherium (ETH) when it comes to cryptocurrencies. Litecoin did not stand aside and responded to Kusama’s mockery with a remark that LTC should be the first on the list.

You’re right, should be first.

— Litecoin (@litecoin) July 16, 2022

It was indeed like that when cryptocurrencies were first gaining popularity back in the 2010s, but by now LTC is rather considered a zombie coin on par with EOS and XRP. While it once was one of the top three cryptocurrencies, Litecoin is currently ranked 20th by market capitalization at $3.9 billion, according to CoinMarketCap. 

Litecoin (LTC) experiences lack of demand and interest

Many crypto analysts believe this is due to an extremely low demand and user interest in the Litecoin blockchain and the LTC token, respectively. Despite continuing development, regular conferences and mining activity, it seems that Litecoin has never been able to get out from under the shadow of its more successful competitors. The likes of SHIB and DOGE or SOL have simply overtaken LTC in the past couple of years, harnessing the power of social media and fanning a global-scale hype.

At the same time, few people know that Litecoin remains almost the only blockchain that has never stopped working, unlike the same Solana (SOL). Litecoin also successfully introduced the MimbleWimble extension, which allowed it to become more private by hiding the sender’s name and the number of tokens being sent, but, as a result, major South Korean exchanges decided to delist LTC.

The estimate of 3.9 billion seems very low for Litecoin, being such a time-proven crypto project, but its team obviously needs to do something about the market interest and the demand, otherwise LTC will never manage to get rid of the zombie project status.

Founder of IOHK and Cardano, Charles Hoskinson, has taken to Twitter to troll critics of Cardano once again, while sharing news of the ADA network transaction volume which has surpassed several major cryptos, including BTC, ETH and DOGE.

He has again mentioned “ghost transactions”.

“Ghost transactions have dramatically increased”

CTO of Input Output Hong Kong, Romain Pellerin, has tweeted that in 2022 network transaction volume for Cardano has surpassed that of Bitcoin, Ethereum, DOT, ALGO and Dogecoin.

ADA volume of transactions has been up 369 percent this year, while BTC has dropped 15 percent, Ethereum lost 49 percent and Dogecoin is down 79 percent.

Commenting on that, Charles Hoskinson again mentioned “ghost transactions” and “”SpookyAlpha” in particular.

This is thanks to our new ghost generator that has dramatically increased ghost transactions. We call it SpookyAlpha https://t.co/cjO2gLILMd

— Charles Hoskinson (@IOHK_Charles) June 3, 2022

Earlier, Hoskinson mocked critics who call Cardano a “ghost chain”, tweeting a massive rise in adjusted volume of transactions on ADA blockchain.

Hosk strikes back at Solana community

Earlier, Hoskinson posted a tweet mocking the recent network halt. The mainnet outage lasted slightly over four hours. Solana co-founder Anatoly Yakovenko took to Twitter to explain the situation, saying that part of the network considered the block in question invalid, thus the whole Solana network was brought to a temporary halt.

Hoskinson addressed the situation by tweeting a link to a YouTube video for Solana devs about how to fix an old video game.

Later on, Hosk admitted that Cardano has been getting a lot of criticism from both Solana and Terra recently and so he could not stay away from trolling the former. As for Terra, its coins Luna and UST have witnessed a drastic collapse in price recently.

Do Kwon decided to conduct a hardfork, leaving the old coin behind as Luna Classic and giving the name LUNA to a new one.

As for the criticism of Solana co-founders regarding Cardano, on Friday, U.Today reported that Anatoly Yakovenko stated at a podcast recently that Cardano developers are “trying to build a cathedral”, doing it too carefully and too slowly, while they just have to “kiss a frog” and “ship something”.