Gene Simmons, a rock and roll legend and a known fan of cryptocurrencies like Bitcoin (BTC), has reaffirmed his bullish stance on crypto by purchasing several cryptos.
The Kiss frontman said on Feb. 1 that he now owns several cryptocurrencies including XRP and Dogecoin (DOGE). Simmons did not hint at how much he invested and noted that his statement is not a recommendation.
Not recommending any of these to anyone. But yes, I also bought Dogecoin, XRP and others. Make of it what you will.
— Gene Simmons (@genesimmons) February 1, 2021
Simmons claimed that he has also bought and is still planning to purchase major cryptocurrencies like Bitcoin, Ether (ETH) and Litecoin (LTC).
Simmons has emerged as a major celebrity voice supporting cryptocurrencies. In 2017, Simmons said that he was interested in Bitcoin as part of his investment strategy. “I am interested in Bitcoin, but only as a piece of the investment puzzle,” he said.
Simmons’ move to invest in DOGE and XRP comes amid a massive bull run in both cryptocurrencies. As reported by Cointelegraph, both Dogecoin and XRP have been likely pumped by the controversial Reddit community r/Wallstreetbets.
At publishing time, XRP is trading at $0.59, up over 32% over the past 24 hours. DOGE is trading at $0.039, surging around 41% over the past 24 hours.