The unstoppable advance of cryptocurrencies is a reality among celebrities. Celebrities tend to set trends and will not be less in finance. One of the most significant investment trends, cryptocurrencies, is catching on among athletes, singers, and actors.
The celebrity love affair with cryptocurrencies is recent but not new. For some people, it is never a good idea to invest just because someone famous says that a product or service is a good investment.
The truth is that more and more celebrities invest in cryptocurrencies, so they transmit it to their followers on social networks. Which of them buys Bitcoin? And Ethereum, Binance or Coinbase?
Table of Contents
Johnny Deep
The interpreter of Jack Sparrow in Pirates of the Caribbean partnered in 2018 with Tatatu, an entertainment and content production platform. This project uses blockchain technology – with which crypto assets work – to create a system of rewards for users for watching videos and sharing their opinions.
As a result, the most active users receive more TTU Coins, the platform’s cryptocurrency. The TaTaTu Token is based on the Ethereum network.
Kevin Durant
Basketball player Kevin Durant is one of the highest-paid players in the NBA, the most prestigious league in the world. However, only a few know that Durant was one of the first to bet on Coinbase, today one of the most popular cryptocurrency exchanges. He did so through Thirty-Five Ventures, an investment firm he co-founded.
Snoop Dogg
One of the most celebrated rappers, Snoop Dogg, is a strong advocate of the crypto world, in addition to having invested in different Silicon Valley companies. He has declared himself a “believer” in crypto-powered services like bitcoin csgo betting, and all the innovative technology around it.
Besides, Snoop Dogg invested in Dogecoin in the past. When promoting the release of his memoir – it was released in NFT format – he was confident that he would soon have his cryptocurrency.
Manny Pacquiao
It has been more than two years since the Filipino boxer Manny Pacquiao announced the launch of his token known as pac. It can be purchased on the Global Crypto Offering Exchange (GCOX). With this crypto, users can buy merchandise of the athlete and interact with multiple boxing champions.
GCOX is the platform with which the Spanish league signed an agreement in 2019- to offer products to its fans in Asia and the Middle East. Through GCOX, you can also buy tokens from ex-footballer Michel Owen and tennis player Caroline Wozniacki.
Ronaldinho
Ronaldhino has also given the first kicks to cryptocurrencies. Specifically, he advertised the atari Token (ATRI), the cryptocurrency of the well-known video game company. But unfortunately, this cryptocurrency has lost almost all its value over the past few months.
Katy Perry
Living up to her status as a singer, Katy Perry became an investor in cryptos through Audius, a decentralized music streaming service. She and other musicians Steve Aoki, Mike Shinoda of Linkin Park, Jason Derulo, Disclosure, The Chainsmokers, and Pusha T went to a funding round of this platform last September. Audius is a cryptocurrency-based music service that wants to be a hybrid between Spotify and Soundcloud.
However, Katy Perry’s link to cryptocurrencies goes back a long way. Just two months after a meeting with Warren Buffett (contrary to cryptos), Perry posted a photo with her painted nails on Instagram. On each one, on a dollar bill background, appeared five cryptocurrencies: bitcoin, Ethereum, Litecoin, Stellar, and Monero.
Lionel Messi
As far as is known, the 7-time Ballon d’Or winner does not invest in crypto assets. However, part of his salary at his current team (PSG) is paid in $PSG, PSG’s official NFT (non-fungible token). The Parisian team was the first European soccer club to have this type of product, thanks to an agreement with Socios.com in 2018.
Gwyneth Paltrow
The Oscar winner for the best actress has been a regular with crypto assets since she launched Abra, an app for investing in stocks and exchange-traded funds, in 2017. Its main attraction at its launch was that it served as a bitcoin wallet.
Paltrow is not the only celebrity from the world of television who has promoted or mentioned bitcoin on her social media profiles. Kim Kardashian, whose community exceeds 100 million followers, has previously promoted some cryptocurrencies.
According to a Morning Consultant survey of 2,200 U.S. adults published in 2021, 45% of respondents who own cryptocurrencies indicated that they are likely to seek exposure to a digital asset if it is backed by a celebrity, compared to only 20% of participants overall.
Conclusion
All these celebrities listed above have realized the potential of Bitcoin and other similar markets, making huge profits, especially in recent years.
Today, not just famous people but also mere mortals can invest in cryptocurrencies and profit from them thanks to online trading.