Gene Simmons, lead singer of rock band Kiss , he still holds onto crypto, despite crypto winter and the collapse of cryptocurrency exchange FTX. I affirmed. Simmons said he owns several cryptocurrencies, including Bitcoin and Ethereum. Did.
Gene Simmons Says He’s ‘Deeply Into Crypto’
Rock Legend Gene Simmons Talks Thursday on Crypto Winter and Crypto Exchanges Simmons is an Israeli-born American musician, singer, songwriter, actor and producer. He was the frontman, bassist, and co-lead his singer of the rock band Kiss, which he founded with lead his singer and guitarist Paul Stanley.
In response to a question from his Crypto Housewife at his Moneybag Vodka launch event in Alberta, Canada, whether he “still holds” cryptocurrencies Simmons says: I am not a financial advisor. The rock legend added:
But since you’re asking me, yes I’m very into crypto. increase. I have bitcoin, litecoin, ethereum, and quite a few…I personally own them, but everyone should do their own due diligence.
Meanwhile, the price of Bitcoin is down about 64% year-to-date and Ethereum is down 66%. The crypto industry has taken some big hits this year, including the Terra blockchain implosion in May and his FTX collapse last month.
FTX, Compute North, Voyager Digital, Celsius Network, Three Arrows Capital, and Blockfi have all filed for bankruptcy protection after dealing with their financial troubles. An estimated 1 million customers lost billions in the FTX meltdown.
Simmons previously disclosed that he owns 14 cryptocurrencies. In June, he said he had not sold any of his coins, despite the downturn in the cryptocurrency market.
In an interview with American Songwriter in May, Simmons He said he found himself thinking about cryptocurrencies. “As you know, governments print money whenever they need it, so inflation is getting bigger and bigger,” explained and elaborated on the Rock legend.
Yeah, it’s a game changer. I’m in it I did very well
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