Gene Simmons says he’s added $300K of Cardano to his bags



Renowned bassist for rock band Kiss and newly recruited to Elon Musk’s “Dogecoin Army”, Gene Simmons, announced a six-figure investment in Cardano (ADA).

On February 19, Simmons revealed on Twitter that he had bought $ 300K worth of ADA. While confirming he’s not a financial analyst – a helpful disclaimer – the rock star said he wants to share projects he believes in and has definitely not been proposing to anyone else buying ADA:

Ethereum co-founder and Cardano founder Charles Hoskinson has welcomed Simons into the ADA community and Invited To contact him via a private message if he needs any support.

Simmons engaged with some of his followers, providing tips on where they could buy the token, and praising them for making Cardano’s price “go up”:

After announcing his support for Bitcoin at the height of its 2017 bull run, Gene Simmons moved away from the cryptocurrency radar, but came back with a vengeance at the start of this month after that. claim To make investments in Dogecoin.

Last week, it also revealed a raft of investments including the purchase of Bitcoin (BTC) seven months ago, worth $ 300,000 worth of Ethereum (ETH) when it traded for 300 dollars, And the $ 300,000 The value of the Binance coin (BNB).

Some in the cryptocurrency community seem to be skeptical of Simmons’ newly discovered passion for Cardano due to it being the cryptocurrency, with one Twitter user. Reply: “What happened to DOGE? Wasn’t this your favorite currency a few days ago?”

Twitter user “dgenmemewarrior” took a waiver from Simmons’ recent characterization of the ADA as more expensive than Bitcoin to ordinary people, Spread: “Say no to s ** tcoins Gene.”

“Jane is fine, he can gamble. Most of you are poor and should be # bitcoin, but look 50k is unaffordable,” added the Twitter user.