Celebrities that rode the crypto wave in 2021

by Gordon James

The year 2021 will see the crypto market reaching $1 trillion USD, and with celebrity involvement on social media at its peak. The most notable of these celebrities are Jennifer Lopez, Drake, Dwayne “The Rock” Johnson as well as some other lesser known names. Although many people in entertainment have embraced cryptocurrency early on it has not yet had a big impact in terms of revenue for their particular brand or industry.,

The “future of cryptocurrency 2021” is a term that has been used to describe the future of cryptocurrencies. In 2021, there will be many celebrities that are riding the crypto wave.

Celebrities that rode the crypto wave in 2021

 

The crypto industry managed to sustain a year-long limelight throughout 2021, overshadowing its splendor in prior years. Bitcoin (BTCwidespread )’s popularity, a meme currency craze fueled by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive engagement from prominent celebrities and authority figures are all key triggers.

Influencers and celebrities flocked to the venue in larger numbers than ever before in 2021. Celebrities have been engaged with crypto in their own distinctive ways, ranging from mainstream tech entrepreneurs and presidents to rappers and reality TV personalities. While some decided to develop their own crypto ecosystems and currencies, others assisted in the promotion of different initiatives. 

Let’s take a look at some of the most significant celebrities who have made their stamp on the crypto ecosystem, in no particular order, as a homage to all those who have shown interest in our world of crypto.

Snoop Dogg is a rapper from the United States.

Snoop Dogg, the legendary rapper, has always been an early user and champion of technology and lifestyle products. The singer joined the crypto arena with an NFT collaboration called “Decentralized Dogg,” although a bit late. 

Snoop Dogg’s mainstream prominence has led to various token producers marketing Snoop Dogg-branded cryptocurrencies in recent years, although the rapper has urged investors not to participate in such schemes.

RELEASE OF NEW ARTWORK The @SuperRare auction for Coldie x @SnoopDogg Decentral Eyes Dogg 1/1 finishes on December 3rd. 5 p.m. PT/8 p.m. ET

Coldie’s artwork @SnoopDogg’s exclusive audio Getting together to keep things lighthearted and exploratory.

The Decentral Eyes Portrait Series’ last 1/1 release in the OG style photo. twitter.com/ckk71dmP5d

November 29, 2021 — Coldie (@Coldie)

Bukele, Nayib

Nayib Bukele, the President of El Salvador, has been a leading proponent of Bitcoin’s acceptance as a legal money. Bukele, in addition to playing a key role in legalizing Bitcoin and establishing a required infrastructure to support the Bitcoin economy, is still active on Twitter, announcing his government’s many Bitcoin-related projects. 

Despite early resistance to Bitcoin’s adoption, Bukele now purchases Bitcoin whenever its market value falls. In addition, the Salvadoran government has been reinvesting unrealized Bitcoin profits to accelerate the Central American country’s growth.

The very first steps…

pic.twitter.com/duhHvmEnym #Bitcoin

September 28, 2021 — Nayib Bukele (@nayibbukele)

Elon Musk is a billionaire entrepreneur. 

Elon Musk, the CEO of Tesla and SpaceX, left his imprint on cryptocurrency when he openly endorsed Dogecoin (DOGE) in 2020. Musk, on the other hand, continues to demonstrate his support for the meme currency by pledging to accept DOGE payments for a variety of his firms’ goods and services.

Despite being developed to ridicule the crypto ecosystem, the market price of the DOGE coin has increased multi-fold as a consequence of Musk’s backing. DOGE’s success has spawned a slew of dog-themed memes, the Shiba Inu (SHIB) being one of the most well-known. 

#TIMEPOY https://t.co/FfwEGxW7LX TIME’s 2021 Person of the Year @elonmusk explains cryptocurrencies https://t.co/FfwEGxW7LX pic.twitter.com/5BXAZky0LS

— TIME (@TIME) on 12/13/2021

Naomi Osaka is a Japanese tennis player.

Naomi Osaka, a prominent professional tennis player from Japan, revealed her foray into the crypto industry after diversifying her bitcoin portfolio and observing Dogecoin’s craze.

The crypto community on Twitter was essential in Osaka’s introduction to cryptocurrency. In addition, the athlete has established and promoted many NFT projects, setting a record for the most costly NFTs sold by a professional tennis player.

Messi, Lionel

Lionel Messi, the worldwide soccer great, was one of the most high-profile players to get involved with the cryptocurrency ecosystem in 2021. When Messi agreed to join the Paris Saint-Germain football club, he agreed to pay a portion of his salary in the club’s fan tokens. 

Fan tokens are part of a burgeoning sub-ecosystem aimed at increasing fan interaction by giving them a say in certain club decisions. Manchester City and AC Milan, to mention a few, are two more prominent soccer teams who have implemented fan tokens.

Mark Zuckerberg is the founder and CEO of Facebook.

Since Facebook launched the white paper for the Libra cryptocurrency in 2019, Zuckerberg’s foray into crypto has been anticipated. Despite pressure from the federal government to stop experimenting with cryptocurrency, Zuckerberg renamed his social media firm Facebook to Meta on Oct. 28, portraying it as an early adopter of the nascent metaverse ecosystem.

Meta intends to create a centralized metaverse environment that can be used to generate cash for online authors. Following in the footsteps of Zuckerberg, prominent digital companies such as Microsoft, Epic Games, and Alibaba have begun to investigate commercial potential inside the metaverse ecosystem. 

The new name of the Facebook firm is @Meta. Meta is assisting in the creation of the metaverse, a virtual world where we may interact and play in three dimensions. Hello and welcome to the next stage of social interaction. pic.twitter.com/ywSJPLsCoD

— Meta (@Meta) on the 28th of October, 2021

Kim Kardashian is a well-known reality television star

Kim Kardashian was also swept up in the crypto craze this year. On her official Instagram account, the reality TV personality announced her foray into cryptocurrencies by endorsing Ethereum Max (EMAX), an unproven cryptocurrency coin. 

While it has been normal practice for influencers of various demographics to advertise (or rather, shill) a cryptocurrency, Kardashian’s engagement in pushing EMAX backfired when the UK’s Financial Conduct Authority accused her of deceiving followers by supporting speculative tokens. Scammers pay influencers to promote get-rich-quick schemes, according to the FCA, and then steal the money from the investors. 

Kim Kardashian has also promoted actual Bitcoin chips on a charity poker night out using her Instagram account.

Soulja Boy is a rapper from the United States.

In 2021, American artist Soulja Boy was one of the most active users on Crypto Twitter. Soulja Boy made sure his presence was felt throughout the crypto world, from demonstrating support for cryptocurrencies and Bitcoin on Twitter to selling “Crank That”-branded NFTs. 

The rapper has said that he owns Binance Coin (BNB), Tron (TRX), and other cryptocurrencies. Soulja Boy released a song called “Bitcoin” in 2018 and even followed through on the lyrics: “I earned a hundred racks off of Bitcoin.”

While the rapper’s arrival was warmly received by the community, he quickly became embroiled in controversy after purportedly admitting to being paid to promote a yet-to-be-established cryptocurrency business.

Paris Hilton is a well-known celebrity.

In 2021, Paris Hilton joined the NFT craze. Despite her late arrival, Hilton claims to have invested in Bitcoin and Ether (ETH) when the price of BTC was less than $1,000.

Furthermore, the American television star used Twitter to announce her two new dogs, “Crypto Hilton” and “Ether Reum.”

I’m really looking forward to #NFTs! Here’s why I believe #NFTs are the way of the future, as well as everything you need to know to get started! https://t.co/mZHqsVqn9Z

April 7, 2021 — Paris Hilton (@ParisHilton)

Carlsen, Magnus

Magnus Carlsen, a chess grandmaster, is one of the younger superstars driving crypto adoption via a variety of chess-related events and projects. Carlsen and other elite chess players battled for NFT trophies and monetary prizes in Bitcoin and cryptocurrencies, thanks to a cooperation with Chess Champs, an NFT-collectible marketplace.

FTX, a crypto exchange created by Sam Bankman-Fried, was in the forefront of efforts to introduce crypto to the chess community. In a competition held by FTX, the Norwegian chess player became the world’s first Bitcoin chess champion, earning almost 0.6 BTC in addition to a cash reward.

Notable mentions

Unlike in previous years, when crypto enthusiasts and entrepreneurs did the majority of the heavy lifting, mainstream celebrities took charge of promoting crypto by minting and selling NFTs, participating in Metaverse events, promoting token offerings, or simply showing support by purchasing Bitcoin and other cryptocurrencies.

With that in mind, we also recall some of the other well-known personalities who have dabbled with crypto. The following need special mention:

Randi Zuckerberg is the founder and CEO of Facebook.

If the name seems familiar to you, that’s because it is. Randi Zuckerberg, sister of Meta CEO Mark Zuckerberg, joined crypto exchange Okcoin as a brand advisory council member in November. 

Randi also released a YouTube video titled “What Are Meme Coins and Tokens in Crypto?” in which she explores the rise of DOGE and SHIB and advises her viewers on how to make good crypto investments. 

Actors from Indian films

In India, the year 2021 was a watershed moment for broad crypto adoption, with mainstream actors taking part in a slew of advertising campaigns and crypto-promoting efforts. 

Local crypto exchanges like as CoinDCX, WazirX, and ZebPay fueled the push for broader crypto adoption in a market with over 1.3 billion people. To promote crypto trading and purchases, the firms teamed up with well-known celebrities like Amitabh Bachchan.

Members of the Indian government, on the other hand, suggested an anti-crypto law that would prohibit all private cryptocurrencies without defining the term “private.” When it comes to determining the legality of cryptocurrencies, India is still in the dark. 

Formula One is a racing series that takes place in

Cryptocurrency corporations such as Crypto.com, FuturoCoin, Bitci.com, Socios.com, and Tezos sponsored teams and backed their environmental and welfare programs during the 2021 Formula One World Championship race. 

Previously, the cryptocurrency community has successfully arranged a number of crowdfunding events to assist NASCAR drivers in returning to the track and competing in professional races.

The #dogecar has come to a halt.

NBCSN (https://twitter.com/eCb1PosOI3)

— June 19, 2021, NASCAR on NBC (@NASCARonNBC)

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