The opinions and endorsements of celebrities that people look up to are responsible for a lot of the excitement around cryptocurrencies. The general public places a high value on celebrities’ statements, and cryptocurrency values frequently increase and fall in response to celebrity posts. Here are 5 famous people that support cryptocurrencies.
Paltrow was the face of Bitcoin in 2017 and has since become an advisor, speaking about the basics of bitcoin and how to invest in it on Twitter.
Elon Musk, the founder and CEO of Tesla, is one of the most vocal supporters of cryptocurrencies, particularly Bitcoin and Dogecoin. Musk is also the most powerful figure in the bitcoin sector. It’s all owing to his 52.2 million Twitter followers.
Snoop Dogg, a pioneering hip-hop singer and entrepreneur, has stated that he believes in bitcoin, the (blockchain) technology underlying it, and the worldwide connectivity it enables. While he isn’t “particularly caught up with the value of the coin,” the star adds that he has “been around long enough to know it’s here to stay.”
Snoop Dogg coins are part of his private NFT collection.
Mark Cuban is an entrepreneur, investor, and billionaire. He is most known for being the owner of the NBA’s Dallas Mavericks and a cast member of the blockbuster reality television show Shark Tank. Also a contentious character in the crypto industry and a Dogecoin supporter.
Logan Paul is a content creator, influencer, and YouTuber who rose to prominence during the NFT craze. The tokens Paul sold were digital Pokemon cards that were auctioned off in a Polkadot-based NFT market called Bondly, which Paul sponsors.
More celebrities may appear in the future to endorse cryptocurrency.