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

02/19/2021

Kiss bassist Gene Simmons has once more taken to Twitter to shill his crypto holdings, claiming to have now invested in Cardano.

The enduring bass participant of rock band Kiss and up to date recruit to Elon Musk’s “Dogecoin military,” Gene Simmons, has introduced a six-figure funding into Cardano (ADA).

On Feb. 19, Simmons revealed on Twitter that he’d purchased $300,000 value of ADA. Whereas emphasizing that he’s not a monetary analyst — a useful disclaimer — the rock star mentioned he wished to share tasks he believes in and was undoubtedly not suggesting anybody else should purchase ADA:

Cardano founder and Ethereum co-founder, Charles Hoskinson, welcomed Simmons to the ADA neighborhood and invited him to succeed in out by way of non-public message if he wanted any help.

Simmons engaged with a few of his followers, offering recommendation on the place they will buy the token, and commending them for making Cardano’s worth “go up:”

After professing his help for Bitcoin towards the height of its 2017 bull rally, Gene Simmons drifted off the crypto radar, however returned with a vengeance initially of this month after claiming to have made investments in Dogecoin.

Over the previous week, he’s additionally revealed a spate of investments together with shopping for Bitcoin (BTC) seven months in the past, $300,000 value of Ethereum (ETH) when it was buying and selling for $300, and $300,000 value of Binance Coin (BNB).

Some within the crypto neighborhood seem skeptical of Simmons’ newfound ardour for Cardano given his excessive profile coin-shilling, with one Twitter-user replying: “What occurred to DOGE coin? wasn’t that your favourite coin some days in the past?”

Twitter-user “dgenmemewarrior” took exemption to Simmons’ current characterization of ADA as extra inexpensive than Bitcoin for unusual folks, posting: “Say no to s**tcoins Gene.“

“Gene is okay, he can gamble. Most of y’all are poor and needs to be in #Bitcoin, however see 50k as unaffordable,” the Twitter consumer added.