Rock Star Gene Simmons Purchased $300K Worth Of ADA

The popular rock star Gene Simmons seems to be enjoying his crypto adventure as he invested $300,000 in Cardano’s ADA as we read more in today’s ADA news.

Gene Simmons, the well-known rock star from the legendary KISS band, made another dip into crypto. He expressed his belief in Cardano saying that 2021 will be the most productive year for altcoin. Rock Star Gene Simmons appeared in an online social media with another pro-crypto commentary, saying that he expressed an opinion on Cardano and its native digital coin ADA.

In his recent publication, he explained one of the main reasons for investing and holding the altcoin. The musician pointed out that he thinks Cardano will succeed because of Charles Hoskinson and his dedication. In his tweet, the musician expressed his trust in the altcoin because Hoskinson has a vision that 2021 will be the most productive year for the asset so far. He addressed his followers by announcing that he purchased $300K of Cardano and ensured the public that they should not take this as a financial analyst but that he believes his investment will pay off:

 “(I am) simply letting U know what I am doing and what I believe in. Why? Because I believe it’s going up..and it’s always up to you to research & decide.”

His publication is followed by Whirpool of comments, like support, offers, advice and partnerships, and a few negative opinions. Cardano has been in 6^th place among the top ten assets now with a worth of $0.925. Just a couple of days ago, Gene Simmons announced another purchase among which ETH and BTC building up his portfolio. In the meantime, celebrities like Lindsey Lohan tweeted about Tron, saying that he has been exploring the world of NFTs and DeFi as she announced the sale of their own NFT, Bitcoin “Lightning.” Another BTC collaboration was the one between Jay Z and Twitter’s CEO Jack Dorsey to donate BTC for developers in Africa.

 

As reported in the past, Even though this guy is famous for being a rocker, he is much more than that. The Kiss frontman Gene Simmons is also a bassist and an entrepreneur and a businessman. In fact, his brand has “generated $3 billion worth of ancillary revenue” as CNBC reported.