From just being used to buy pizzas and other small items, crypto has now become a billion-dollar industry. Crypto has also made many people millionaires in a short span of time. There are also now famous celebrities, who have now started investing in cryptocurrencies.
So, let us see in this article some of the top celebrities who have invested in crypto!
Elon Musk is one of the celebrities who has gained popularity among crypto-investors for his tweets about crypto. Initially, Elon was advocating for bitcoin, but later on, considering environmental concerns, Elon has shifted his support to Dogecoin.
BTC & ETH are pursuing a multilayer transaction system, but base layer transaction rate is slow & transaction cost is high.
There is merit imo to Doge maximizing base layer transaction rate & minimizing transaction cost with exchanges acting as the de facto secondary layer.
— Elon Musk (@elonmusk) July 9, 2021
In fact, Elon has been a major reason for the spike in the value of Dogecoin. When the above tweet was made by Elon, Doge jumped 10% in value. It was the same case with Bitcoin, when Elon tweeted that Tesla would not accept Bitcoin anymore, it crashed Bitcoin to a considerable extent. Although, Elon has not made it public on the amount of Dogecoins he has in his portfolio. It is clear from his tweets that, he holds a considerable amount of Dogecoins in his portfolio.
Read more about Elon Musk here!
The introduction of NFT into the crypto space has attracted many celebrities to invest in crypto. One of those investors is Mike Tyson. Recently, Mike has announced on Twitter that “he is all in Solana” and from the below tweet you can see the NFT he bought.
All in on Solana… Just copped a Catalina Whale… pow pow! pic.twitter.com/97voS15B8y
— Mike Tyson (@MikeTyson) January 12, 2022
One of the celebrities invested in crypto, Mike has also previously joined hands with a crypto project called “The Dream Chain”, the project focuses on the mental health and wellbeing of the society. The project has a tradeable token called $DREAM and this token can only be traded on the US stock market. With Mike’s entry into the crypto space, we can also expect many more investors from UFC in the near future.
In recent years one of most famous celebrities invested in crypto was Jack – he has been a strong advocator for bitcoin and according to a recent report, his company Block has also invested over $300 million in bitcoins. Jack is a firm believer in bitcoin to such an extent that he believes that bitcoin would replace Dollar in the future.
Yes, Bitcoin will
— jack⚡️ (@jack) December 21, 2021
A few months back, Jack has also announced that his company Block would concentrate on building a bitcoin mining system. He has also partnered with Jay Z to create a fund called Btrust fund, the fund’s major goal is to develop bitcoin in nations like Africa and India. According to the latest report, the fund was created with 500 bitcoin. Jack has also invested to develop a decentralized crypto exchange called Tbdex.
Mark Cuban is a well-known billionaire with a net worth of over $4 billion and is well known for his appearance in Shark Tank. Mark is also famous for his opinions about cryptocurrencies, like Elon he is a big advocator for Dogecoin and believes that Dogecoin is much more convenient than bitcoin in terms of payment.
The point about DOGE that people miss is that DOGE’s imperfections and simplicity are it’s greatest strengths. You can only use it to do 2 things: Spend It or HODL It. Both are easy to understand. And it’s cheap to buy. Which makes it a community anyone can join and enjoy.
— Mark Cuban (@mcuban) August 15, 2021
Dallas Mavericks owned by Mark has also announced it would be accepting Dogecoins as a form of payment. Mark has also been concentrating on NFT based projects, it has been reported that he has recently invested in an NFT analytics platform called Cryptoslam. He has also said in a recent podcast that 80% of his investments outside the shark tank have been made on crypto.
Kevin is a popular shark tank investor and also has a net worth of over $400 million. Kevin is actually a conservative investor and in recent years he has been a huge proponent for crypto adoption. He has invested in many crypto projects and has also invested in Bitcoin and many other currencies. According to his YouTube channel, he has also invested in his own mining operation for crypto coins.
If you’ve ever wanted to get involved in DeFi but weren’t sure where to start — @WonderFi makes it simple. We created a platform for you to lend, borrow, and save… in seconds. Check it out!👇🏻https://t.co/qVQeoS38YL
— Kevin O’Leary aka Mr. Wonderful (@kevinolearytv) January 26, 2022
Kevin has also been supporting for NFTs and Defi exchanges, he has also recently announced in twitter he has invested in a project called wonder.fi, which is a decentralized exchange that helps investors to lend, borrow and save cryptocurrencies.
Ashton was one of the early investors of celebrities invested in crypto, especially bitcoin – he has been backing the digital currency from 2013.
— ashton kutcher (@aplusk) July 21, 2021
He has also known to be investing in many crypto projects and NFTs. Ashton and Mila Kunis regularly talk about crypto with their tweets, and an example of a tweet can be seen above. Ashton is also a joint investor with Mark Cuban in the project CryptoSlam.
Snoop Dogg is one of the leading American rappers and his net worth is over $150 million, and might be the most famous of the celebrities invested in crypto. Like Ashton he is also one of the earliest supporters for Bitcoin. We can see from the below tweet that, Snoop has started supporting bitcoin in its nascent stage itself. In recent times he has been more and more concentrated on promoting NFTs.
My next record available in bitcoin n delivered in a drone.
— Snoop Dogg (@SnoopDogg) December 2, 2013
Snoop Dogg has also revealed through his tweet that he is also using a pseudo account to invest in NFTs called CozmoMedici.
I am @CozomoMedici
— Snoop Dogg (@SnoopDogg) September 20, 2021
The pseudo account CozmoMedici has over $17 million worth of NFT collectibles. Recently he has also received his own NFT collection in collaboration with artist Coldie called Decentral Eyes Dog and these NFTs are available in the NFT marketplace. The Decentral Eyes Dog NFTs can be bought with Ether tokens and the NFTs collection went for over $500000 in auctions.
One of the recent supporters of crypto is popular American actress Reese Witherspoon, It can be seen from her tweets that Witherspoon has started investing in crypt-currencies and she is also supporting the development of NFTs.
Crypto is here to stay. I’m committed to supporting creators who have pioneered the NFT space, and encouraging more women to be a part of the conversation. https://t.co/tq9EdwAmJC
— Reese Witherspoon (@ReeseW) December 6, 2021
A few months back she also announced that she has invested in Eth, although the amount is not disclosed, we can assume it to be in millions.
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