Gene Simmons, the rock ‘n roller from the legendary band Kiss, has been known for his antics both on and off stage. He has become a household name in the industry, and his band KISS is a part of pop culture now.
But not only that, he is one of the few people from the older generations that have supported advancement in technology. His recent acquisition is the $300,000 worth of Cardano cryptocurrency. They have been making the rounds and have seen excellent growth in the past few months.
Today that $300k investment is worth above $700,000. ADA is one of the biggest cryptocurrencies in the world right now. Simmons said that he thinks the name of the currency Cardano is idiotic, and they should just call it ADA.
In a recent interview, Simmons said that he owns BTC and ETH coins already and some litecoins. With the growing acceptance of coins and now rock n roll patronage, it is no wonder that people are investing more and more into the coin.
Gene Simmons said that he bought the BTC at $10,000, which is currently priced at above $55k. He says that all his crypto coins have done very well. Percentage-wise, most of the assets in his crypto portfolio are tied into BTC and ETH.
At this point in time, Bitcoin and Ethereum are two of the biggest cryptocurrencies in the world. If you have been thinking of getting into the crypto market, right now is the best time. The value of the major coins is set to go up, so get some before they become out of reach for most.