The Kiss frontman stated on Feb. 1 that he now owns a number of cryptocurrencies together with XRP and Dogecoin (DOGE). Simmons didn’t trace at how a lot he invested and famous that his assertion is just not a suggestion.
Not recommending any of those to anybody. However sure, I additionally purchased Dogecoin, XRP and others. Make of it what you’ll.
— Gene Simmons (@genesimmons) February 1, 2021
Simmons has emerged as a significant movie star voice supporting cryptocurrencies. In 2017, Simmons stated that he was interested in Bitcoin as a part of his funding technique. “I’m excited by Bitcoin, however solely as a bit of the funding puzzle,” he stated.
Simmons’ transfer to spend money on DOGE and XRP comes amid a large bull run in each cryptocurrencies. As reported by Cointelegraph, each Dogecoin and XRP have been possible pumped by the controversial Reddit community r/Wallstreetbets.