The iconic bass player of rock band Kiss and recent recruit to Elon Musk’s “Dogecoin army,” Gene Simmons, has announced a six-figure investment into Cardano (ADA).
On Feb. 19, Simmons revealed on Twitter that he’d bought $300,000 worth of ADA. While emphasizing that he is not a financial analyst — a helpful disclaimer — the rock star said he wanted to share projects he believes in and was definitely not suggesting anyone else should buy ADA:
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. pic.twitter.com/UiIqowJ4pY
— Gene Simmons (@genesimmons) February 19, 2021
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Cardano founder and Ethereum co-founder, Charles Hoskinson, welcomed Simmons to the ADA community and invited him to reach out via private message
