- Pop Star, Jason Derulo, reveals that he invested in cryptocurrency—Solana.
- Reports say that SOL is among the highest-performing cryptos today.
- Derulo didn’t reveal the amount he invested in SOL, but he betted last June 2021.
Solana (SOL) shows steady growth in the market today. Currently trading at over $180, people witnessed how SOL became one of the top 10 quickly from its debut. Because of this, many people chose to invest in SOL. Moreover, recently, Jason Derulo—the American pop star recently announced that he gambled on Solana.
I betted on Solana in June. Wow what a ride! #crypto
— Jason Derulo (@jasonderulo) September 3, 2021
The singer didn’t reveal how much he invested in Solana. However, reports say that seeing how much the asset gained in value, it might be a substantial amount. More so, it is also not confirmed if he also invested in other crypto assets.
Going back to SOL, trajectories show that it traded between $25 to $41 last June. As of August, SOL surprised the market and recorded a value of over $124. At the time of writing, CoinMarketCap shows it’s already trading at above $180.
Furthermore, in addition to Jason Derulo, reports say that other celebrities also invested in cryptocurrencies. There is Logic, a former hip-hop singer who invested in Bitcoin (BTC), and Reese Witherspoon, who revealed that she invested in Ethereum (ETH).
On a different note, celebrities don’t only invest in cryptocurrencies but in non-fungible tokens as well. Examples include Stephen Curry, who joined the Bored Ape Yacht Club NFT and Eminem, who recently announced his NFT collection.
To conclude, as the crypto industry grew through time, we can expect more people to dive into the market. As an investor, you get to decide which to bet on.