Gene Simmons, lead singer of rock band Kiss, has admitted he nonetheless owns cryptocurrencies regardless of crypto winter and the collapse of crypto change FTX. “I am very into crypto. I imagine in it,” declared the rock legend. Noting that he owns a number of cryptocurrencies, together with Bitcoin and Ethereum, Simmons pressured that “I personally personal one, however everybody ought to do their very own due diligence.” .
Gene Simmons Says He is ‘Deeply Into Crypto’
Rock legend Gene Simmons admitted Thursday that he owns cryptocurrencies regardless of the crypto winter and the collapse of crypto change FTX. Simmons is an Israeli-born American musician, singer, songwriter, actor and producer. He was the frontman, bassist, and co-lead his singer of Rock and His band Kiss, which he based with lead his singer and guitarist Paul Stanley.
Talking at Moneybag Vodka’s launch occasion in Alberta, Canada, Simmons stated in response to a query about whether or not Crypto Housewives “nonetheless holds” cryptocurrency: . I’m not a monetary advisor. The rock legend added:
However because you’re asking me, sure I am very into crypto. I’ve bitcoin, litecoin, ethereum, and fairly a number of others…I personally personal them, however everybody ought to do their very own due diligence.
In the meantime, the worth of Bitcoin is down about 64% year-to-date and Ethereum is down 66%. The crypto business has taken some massive hits this yr, together with the Terra blockchain implosion in Might and his FTX collapse final month.
FTX, Compute North, Voyager Digital, Celsius Community, Three Arrows Capital, and Blockfi have all filed for chapter safety after coping with their monetary troubles. An estimated 1 million clients misplaced billions within the FTX meltdown.
Simmons beforehand revealed that he owns 14 cryptocurrencies. In June, he stated he hadn’t bought a single coin of his, regardless of the downturn within the cryptocurrency market.
In an interview with American Songwriter in Might, Simmons stated he discovered himself enthusiastic about cryptocurrencies most frequently. So inflation is getting larger and greater, ”explains The Rock Legend, elaborating:
Yeah it is a sport changer. I am in it I did nicely
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