Kiss band member and entrepreneur Gene Simmons recently made a big investment on the sixth largest Cryptocurrency after which he tweeted to his almost million followers why he thinks that Cardano (ADA) has potential.
In a tweet the famous musician stated that he had purchased 300 thousand dollar worth of cardano at 0.90$.
“I just bought $300,000 of CARDANO (ADA). I’m not a Financial Analyst and I’m not telling U to buy or not to buy. Simply letting U know what I am doing and what I believe in. Why? Because I believe it’s going up..and it’s always up to you to research & decide.”
He continued to elaborate on his purchase as he stated that Cardano (ADA) is more affordable for the small investor.
He also stated that the Cardano backing from the co-founder of Ethereum has supplemented his decision.
ADA (Cardano) company is based in Switzerland, run by one of Ethereum creator.
— stan hotaru (@StanHotaru) February 19, 2021
So, A few days ago I bought $300,000 of Cardano (ADA) at $.90. It’s now $1.10 approximately. If you’re interested in investing, that’s your call. Just ask Google how to do it.— Gene Simmons (@genesimmons) February 21, 2021
The singer has a history in crypto, in 2020 he made a multi million dollar investment in Bitcoin and has made purchases in Ethereum (ETH) and Litecoin (LTC).
“Bitcoin I bought seven-figure months ago. It’s been very good to me. Do I believe it’s going even higher than the recent record breaking surges? You bet!”
As we see more and more influencers joining and supporting the Crypto movement there is a strong base for a long and fruitful BullRun.
Cardano will achieve its highest value growth throughout the year and may hit a record high. By the end of 2021, the price of ADA may reach $10. Cardano price prediction 2022 ADA will be launched in 2022
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