{"id":36743,"date":"2021-02-19T17:09:19","date_gmt":"2021-02-19T15:09:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36743"},"modified":"2025-08-29T07:51:33","modified_gmt":"2025-08-29T04:51:33","slug":"kiss-bassist-gene-simmons-buys-cardano-for-300000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kiss-bassist-gene-simmons-buys-cardano-for-300000\/","title":{"rendered":"Kiss bassist Gene Simmons buys Cardano for $300,000"},"content":{"rendered":"<p>The Kiss bassist Gene Simmons has disclosed a $300,000 investment in Cardano (ADA).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I just bought $300,000 of CARDANO (ADA). I\u2019m not a Financial Analyst and I\u2019m 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\u2019s going up..and it\u2019s always up to you to research &#038; decide. <a href=\"https:\/\/t.co\/UiIqowJ4pY\">pic.twitter.com\/UiIqowJ4pY<\/a><\/p>\n<p>\u2014 Gene Simmons (@genesimmons) <a href=\"https:\/\/twitter.com\/genesimmons\/status\/1362591435489308673?ref_src=twsrc%5Etfw\">February 19, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nSimmons said he chose the altcoin because it is much cheaper than the leading cryptocurrency and accessible to everyone.<\/p>\n<blockquote>\n<p>\u201cThese are peanuts compared with my other assets, such as Bitcoin, which costs more than $50,000 per coin. I believe everyone should be able to afford cryptocurrency. And this is one of the ones I believe in,\u201d wrote the musician.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Why did I buy Cardano (ADA)? Well, for one thing, it\u2019s affordable to almost everyone. It\u2019s pennies compared to my other holdings like Bitcoin, which is over $50,000 a single coin. I believe everyone should be able to afford cryptocurrency. And here is one I believe in. <a href=\"https:\/\/t.co\/fyLvNzKm5Q\">pic.twitter.com\/fyLvNzKm5Q<\/a><\/p>\n<p>\u2014 Gene Simmons (@genesimmons) <a href=\"https:\/\/twitter.com\/genesimmons\/status\/1362592346127261696?ref_src=twsrc%5Etfw\">February 19, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nAccording to CoinGecko, at the time of writing Cardano ranked sixth in the cryptocurrency market by capitalization, at about $29.7 billion. The ADA token trades around $0.93, having surged 150% in the last month.<\/p>\n<p>Back in February, Gene Simmons <a href=\"https:\/\/u1f987.com\/en\/news\/kiss-bassist-gene-simmons-bought-bitcoin-for-a-seven-figure-sum\">bought bitcoins<\/a> for a seven-figure sum. Earlier he <a href=\"https:\/\/u1f987.com\/en\/news\/kiss-bassist-gene-simmons-invests-in-dogecoin-and-xrp\">invested in Dogecoin and XRP<\/a>.<\/p>\n<p>Subscribe to ForkLog\u2019s news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full stream of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kiss bassist Gene Simmons has disclosed a $300,000 investment in Cardano (ADA).<\/p>\n","protected":false},"author":1,"featured_media":36744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,52],"class_list":["post-36743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36743"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36743\/revisions"}],"predecessor-version":[{"id":36745,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36743\/revisions\/36745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36744"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}