The Kiss frontman mentioned 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 advice.
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 mentioned that he was interested in Bitcoin as a part of his funding technique. “I’m enthusiastic about Bitcoin, however solely as a bit of the funding puzzle,” he mentioned.
Simmons’ transfer to spend money on DOGE and XRP comes amid an enormous bull run in each cryptocurrencies. As reported by Cointelegraph, each Dogecoin and XRP have been doubtless pumped by the controversial Reddit community r/Wallstreetbets.