Celebrities Investing in Crypto
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2021 has been a rocketing year for cryptocurrencies. Along with new ATHs and institutional acknowledgment, this year has seen a massive number of celebrities and pro-athletesentering the cryptocurrency industry.
In fact, cryptocurrencies are a fantastic tool that can help celebrities protect their wealth and diversify their investments.
But who are these athletes and celebrities who took the plunge into cryptocurrencies?
One of the latest athletes is Stephen Curry, NBA's top player who signed a USD 215 million contract extension. Curry got started with crypto in September and today proudly shows a “Bored Ape” NFT as his Twitter profile picture
Curry joins other players in the NBA league that support the cryptocurrencies industry. Spencer Dinwiddie has been a pioneer in the space since 2017 investing in multiple coins while Cade Cunningham just announced that will receive his signing bonus directly in Bitcoin
Similar dynamics are emerging in the NFL. Panther's Russel Okung is currently receiving part of his salary in Bitcoin while Sean Culkin, Vince Biegel, and Tom Brady have all started supporting cryptos this year.
However, the appeal of cryptocurrencies reached celebrities from other industries. Maisie Williams, who interpreted Arya Stark in Game of Thrones, decided to “go long on Bitcoin” over a year ago while the former Twitter CEO Jack Dorsey declared to be investing in Bitcoin thousands of dollars per week.
Likewise, Elon Musk, Paris Hilton, 50 Cent, Mike Tyson, Snoop Dog, Lionel Messi, Kim Kardashian took their first steps exploring the possibility of blockchain technology and its related branches: NFTs and DeFi.
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