Gene Simmons Lists Bitcoin, Ethereum, Litecoin, XRP, Dogecoin among His Investments

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by Steve Muchoki · 3 min read
Gene Simmons Lists Bitcoin, Ethereum, Litecoin, XRP, Dogecoin among His Investments
Photo: Nathan Rupert / Flickr

From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.

American musician, entrepreneur, and television personality Gene Simmons has listed some of his digital assets that he has chosen to include in his investment portfolio. According to tweets from his page, Simmons has invested in Bitcoin, Ethereum, Litecoin, Dogecoin and XRP.

The diversified investment portfolio has attracted a huge crypto community’s attention. Whereby both tweets had amassed more than 600 comments each and more than 7000 likes each.

Gene Simmons has, however, been involved with the crypto industry since the 2017 bull rally, where he was quoted to have invested in Bitcoin.

A Closer Look at Gene Simmons Bitcoin and Altcoin Portfolio

From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.

Notably, XRP has rallied more than 46% in the past 24-hours to trade around $0.711796 at the time of writing according to CoinGecko. Besides, the asset surpassed Tether (USDT) as the third-largest digital asset by market capitalization. Whereby XRP has a reported market capitalization of $32,113,906,232 while Tether (USDT) has a market capitalization of $26,503,301,775. XRP rally has defied all odds after notable crypto exchanges either halted or delisted its trading due to the ongoing lawsuit filed by the United States Securities and Exchange Commission (SEC).

On the other hand hand, Dogecoin remains one of the favorite coins to retail investors. Reason being the fact that it is prone to huge daily gains fueled by high speculation amid support from notable entrepreneurs including Tesla Inc (NASDAQ: TSLA) CEO Elon Musk.

Currently ranked position 14, Dogecoin was trading around $0.03899452 having jumped approximately 38.1% in the past 24-hours according to CoinGecko. Notably, Dogecoin has added approximately 1534%, 604.5%, 332%, and 347% in the past year, one month, two weeks and seven days respectively.

Bitcoin on the other hand has been consolidating for the past two weeks after hitting its all-time high at the beginning of last month. The asset was trading around $33,950.75 after adding approximately 0.9% in the past 24-hours. Notably, the asset has managed to add approximately 264% and 15.5% in the past year and one month respectively according to CoinGecko.

Ethereum and Litecoin have been trading more or less in a similar version as bitcoin in the past few weeks. Ethereum was trading around $1,323.60 after dropping 2.1% in the past 24-hours. However, the asset is up approximately 637.3%, and 81% in the past year and one month respectively. Litecoin on the other hand was trading around $131.98 having jumped approximately 0.8% in the past 24%, besides its 95.2% rally last year.

Altcoin News, Bitcoin News, Cryptocurrency news, Ethereum News, News
Steve Muchoki

A financial analyst who sees positive income in both directions of the market (bulls & bears). Bitcoin is my crypto safe haven, free from government conspiracies. Mythology is my mystery! "You cannot enslave a mind that knows itself. That values itself. That understands itself."

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