Here Are The Cryptocurrencies These Celebs Are Investing In
Cryptocurrencies are all the rage in 2021, and quite a lot of celebrities have invested in them. For people who do not know what cryptocurrency is, it's a virtual forex that is secured by cryptography, which will also be exchanged on-line for goods and services. The acclaim for cryptocurrency started with Bitcoin. People began to invest in the virtual currency in 2009, and since then, Bitcoin has grow to be the number one cryptocurrency among common other people and celebrities.
Celebrities, reminiscent of Elon Musk, have been very vocal about their cryptocurrency investments and encourages others to do the identical. Even though celebrities have counseled this kind of investment, that doesn't mean it is the best possible strategy to make a quick dollar. Cryptocurrency has been ridiculed for its rapidly changing alternate price and its doable to be used for illegal activities. Nonetheless, many celebrities are still on board with the digital foreign money. Below is a list of celebs who've invested in cryptocurrency and the different types.
10 Snoop Dogg
"Gin and Juice" rapper Snoop Dogg, who feuded with Iggy Azalea, showed an interest in cryptocurrency in 2013. It began after he tweeted he would possibly accept bitcoin as a type of fee for his upcoming album. In February 2021, the rapper also confirmed his support for digital foreign money Dogecoin
on Twitter with a photograph of a Shiba Inu dog and tagged Elon Musk, who led to the cryptocurrency to upward thrust. Sparkle Coin, every other cryptocurrency, donated $55,000 USD value of cash to the Snoop Youth Football League, a company that sponsors early life soccer leagues, in 2017.
9 Gwenyth Paltrow
Actress Gwyneth Paltrow, whose mother is Blythe Danner, showed her give a boost to for bitcoin in 2017 when she changed into the face of bitcoin pockets Abra and an marketing consultant. In 2018, Paltrow additionally shared to social media a piece of writing on bitcoin, cryptocurrency, and methods to make a basic investment.
8 Nas
Famous hip hop singer Nas snd his manager, Aymen Anthony Saleh, have invested $25 million USD in bitcoin exchange Coinbase. During an interview with Coindesk, he printed, "Bitcoin will evolve into an industry as big, if not bigger, than the internet. My man Ben Horowitz really opened my eyes to that point."
7 Mike Tyson
World-renowned boxer Mike Tyson was once also somebody who was an investor of bitcoin early on. Not to say, Tyson invested in the forex and created Bitcoin ATMs, which are marked together with his iconic face tattoo. In 2015, it used to be announced, Tyson had partnered with Bitcoin Direct to launch a Bitcoin wallet for each telephones and handsets.
6 Floyd Mayweather
Cryptocurrency should be in style amongst boxers as Floyd Mayweather has also promoted a number of digital currencies corresponding to ICOsStox, Hubii Network, and Centra. The boxer has shown his give a boost to on social media by posting to Instagram a photo of himself on a private
plane with a table lined in money alongside the caption, "I’m gonna make a s--- t-- of money on August 2nd on the Stox.com ICO. In 2017, Mayweather tweeted he was spending Ethereum while shopping in Los Angeles.
5 Mel B
Mel B, as known as Scary Spice from the iconic '90s girl group Spice Girls, was one of the first in the music industry to accept bitcoin as payment. Mel, who once dated Eddie Murphy, received her first bitcoin payment for her Christmas record in 2014. During this time, the singer was also partnering with London-based investment firm Cloudhashing, a bitcoin company that makes it easy for anyone to invest in bitcoin mining.
4 Jamie Foxx
Academy award-winning actor Jamie Foxx has been a supporter of bitcoin since 2017. Foxx tweeted in support of Cobinhood, a cryptocurrency exchange, and revealed his interest in trading bitcoin. He wrote, "Looking forward to collaborating in the new @cobinhood Token! ZERO rate buying and selling!" However, some investors don't love a celebrity endorsement as it's one of the worst ways to get into investing.
3 Paris Hilton
Paris Hilton has publicly shown her enthusiasm for cryptocurrency, specifically the blockchain venture Lydian. In September 2017, the former reality star took to Twitter to announce that she would be participating in the initial coin offering even though it was controversial at the time. However, Hilton's love for cryptocurrency dates back to 2016 when she was featured in an Instagram post with Stephan Tual, former CCO of cryptocurrency Ethereum. The businesswoman has since distanced herself from either investment after domestic violence charges against Gurbasksh Chahal, CEO of LydianCoin’s parent company Gravity4, were uncovered.
2 50 Cent
In 2014, rapper 50 Cent reportedly took bitcoin as payment for his album Animal Ambition. The sources believe he received around 700 bitcoins that were worth more than $7 million USD by 2017. However, the New York native not only denied he received bitcoin as an alternative payment but said that he has never invested in any type of cryptocurrency.
1 Elon Musk
The CEO of Tesla, Elon Musk, was a huge proponent of cryptocurrency. Dogecoin, a currency that originally started as an internet parody using the image of a Shiba Inu dog, once had Musk as one of their investors. However, in May, Musk revealed the negative environmental impact caused by mining the coins, which caused a tremendous drop in the market. He even stopped Tesla's previous plan of accepting bitcoin as an alternative payment. Nonetheless, Bobby Ong, co-founder of crypto data website CoinGecko, assured the public Musk was "trolling the neighborhood" to check his affect.
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