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- The singer of Kiss bought Litecoin and Chain after Bitcoin, Ethereum and Cardano.
- Simmons revealed that he has had good returns on his cryptocurrency investment.
Kiss lead singer Gene Simmons continues to reveal his cryptocurrency investments. In addition to Bitcoin , Ethereum , Binance Coin (BNB), Cardano (ADA), Simmons a that he bought Litecoin and Chain.
Although he did not specify how much LTC he purchased, Simmons did share an introductory cryptocurrency video as he did when he invested in Chain. Additionally, the Kiss frontman voiced criticism of the traditional media coverage of his entry into the crypto market and their coverage of digital assets in general. On a specific CNN story, Simmons said :
Why is Gene Simmons buying Bitcoin, Ethereum and Litecoin?
Via his Twitter handle, Simmons responded to questions and comments about his investments in cryptocurrencies. There, the singer of Kiss explained why cryptocurrencies are a good choice for investment and exhinstructed his suite to do their own research. Stating that he is not a financial advisor, Simmons said :
Like CNF reported , the interest of singer Kiss, also known as "The Demon ", started with an investment in Dogecoin ( DOGE) when WallStreetsBets learned about the fun cryptocurrency. Subsequently, "The Demon " expanded its portfolio into Bitcoin, Ethereum and Cardano. On the latter, he declared that ADA is "cheaper" than Bitcoin. At the time, ADA was trading for less than $ 1.
Cardano inventor and IOG CEO Charles Hoskinson responded to the Kiss singer and has since published several related articles. Hoskinson said: