Monday, December 20, 2021

Celebrities who rode the crypto wave in 2021

![img](mq667ug4bq681 " image via cointelegraph ")

As the adoption of crypto progresses rapidly, the world’s rich and famous are paying attention and getting involved in the growing industry.

The crypto ecosystem eclipsed its fame in previous years, managing to stay in the limelight for a full year throughout 2021. Key catalysts include the widespread adoption of Bitcoin (BTC), the fuel meme-coin frenzy at a Shiva Inu. (SHIB) and Dogecoin (DOGE), and active participation of celebrities and well-known authorities.

The year 2021 has seen the arrival of many more influential and celebrities than ever before. From presidents and mainstream tech entrepreneurs to rappers and reality TV stars, celebrities have delved into cryptocurrencies in their own way. While some decided to create their own versions of crypto ecosystems and tokens, others helped raise awareness for various projects.

As a tribute to everyone who has shown up in our crypto world, let’s take a look at some of the most influential celebrities who have shaped the crypto ecosystem in no particular order.

Sniffer dog

Legendary rapper Snoop Dogg has always been an early adopter and promoter of technology and lifestyle products. Although it was a bit late, the musician entered the crypto room through an NFT collaboration called “Decentralized Dogg”.

Snoop’s popularity in the mainstream has also prompted many token makers to trade cryptocurrencies under the Snoop Dogg brand for the past few years, but the musician has warned investors not to get involved in such projects.

Nayib Bukele

As President of El Salvador, Nayib Bukele was the torchbearer of the acceptance of Bitcoin as legal tender. In addition to playing a key role in legalizing Bitcoin and building relevant infrastructure to support the Bitcoin economy, Buckle has been active on Twitter announcing various Bitcoin-driven initiatives of his government.

Despite strong initial resistance to Bitcoin use, Bukele now sources on Bitcoin whenever its market value falls. In addition to this measure, the Salvadoran government has reinvested the unrealistic gains of bitcoin to accelerate the development of the Central American country.

Elon Musk

Elon Musk, CEO of Tesla and SpaceX, shaped cryptocurrencies when he began publicly supporting Dogecoin (DOGE) in 2020. However, Musk continues to support Meme coin by committing to accept payments on DOGE for various companies it offers.

Due to Musk’s support, the market price of the DOGE token has risen many times over, despite being created to poke fun at the crypto ecosystem. The popularity of DOGE has also spawned dog-based meme tokens, one of the most famous being Shiba Inu (SHIB).

Naomi Osaka

Naomi Osaka, one of Japan’s top professional tennis players, announced her entry into the crypto space after diversifying her portfolio into cryptocurrencies and realizing the hype surrounding Dogecoin.

Osaka’s acquaintance with crypto was driven by the crypto community on Twitter. Athletes have launched and promoted various NFT initiatives, setting a record for the most expensive NFT sold by a professional tennis player.

Lionel Messi

International soccer legend Lionel Messi was one of the highest-profile players associated with the crypto ecosystem in 2021. When Messi signed the contract to join the Paris Saint-Germain soccer club, part of the salary package was the payment on the token. fan of the club.

Fan Tokens are part of a growing sub-ecosystem that aims to increase fan engagement by allowing them to participate in certain club decisions. Other popular soccer clubs that have introduced fan chips are Manchester City and AC Milan, to name a few.

Mark Zuckerberg

Zuckerberg’s entry into cryptocurrency had been expected since Facebook published the Libra cryptocurrency whitepaper in 2019. Despite federal pressure to finish the crypto test, Zuckerberg has changed the name of his social media company Facebook Meta. on October 28, positioning himself as a pioneer of the burgeoning Metaverse ecosystem.

Meta plans to develop a centralized Metaverse world that can serve as a source of income for online creators. Following in Zuckerberg’s footsteps, major technology companies such as Microsoft, Epic Games and Alibaba have begun exploring business opportunities within the Metaverse ecosystem.

Kim Kardashian

This year’s crypto craze also caught up with Kim Kardashian. The reality TV superstar has marked his entry into the cryptocurrency by promoting an untested cryptocurrency token, Ethereum Max (EMAX), on his official Instagram account.

While launching (or rather, accomplice) of a cryptocurrency has become common practice for influencers across all demographics, Kardashian’s involvement in promoting EMAX failed as the UK Financial Conduct Authority accused her of being a partisan by promoting deceptive speculative tokens. The FCA has also found that scammers pay influencers to get rich quick and typically run away with investors’ money.

Kim Kardashian also previously used her Instagram account to promote physical bitcoin tokens on a charity poker night.

Soulja Boy

American rapper Soulja Boy was one of the loudest celebrities on Crypto Twitter in 2021. From supporting cryptocurrencies and Bitcoin through Twitter to selling NFT’s of the brand “Crank That”, Soulja Boy made sure it was felt its presence in the crypto community.

The hip-hop star has publicly announced that he owns Binance Coin (BNB), Tron (TRX), and Altcoins. In 2018, Soulja Boy released a song called “Bitcoin” and even provided the lyrics: “I made a hundred racks with Bitcoin.”

While the rapper’s input was well received by the community, he soon sparked controversy after allegedly revealing that he was being paid to promote a yet-to-be-established crypto project.

Paris Hilton

Paris Hilton entered the NFT wave in 2021. Despite her seemingly late entry, Hilton claims to have invested in Bitcoin and Ether (ETH) when BTC was still valued below $ 1,000.

The American personality also took to Twitter to introduce his two new pets named “Crypto Hilton” and “Ether Reum.”

Magnus Carlsen

Through various chess-centered events and initiatives, chess grandmaster Magnus Carlsen is one of the youngest celebrities to lead a crypto adoption campaign. In partnership with Chess Champ, an NFT marketplace, Carlsen and other professional chess players competed for NFT trophies and cash prizes in bitcoin and cryptocurrency.

Initiatives to introduce the chess community to cryptocurrencies were primarily driven by FTX, a cryptocurrency exchange founded by Sam Bankman-Fried. The Norwegian chess player is also the world’s first bitcoin chess master and won more than 0.6 BTC in addition to a cash prize in a tournament hosted by FTX.

Special mentions

Unlike previous years, when cryptocurrency owners and enthusiasts did most of the work, mainstream celebrities took over the promotion of cryptocurrencies by minting and selling NFTs: attending events held in the Metaverse, promoting token deals or they simply showed their support by buying Bitcoin and other cryptocurrencies. 

With that in mind, let’s also remember some of the other popular personalities involved in cryptocurrencies. Special mentions are:

Randi Zuckerberg

If you think the name sounds familiar, that’s because it is. Meta CEO Mark Zuckerberg’s sister Randi entered cryptocurrency in November by joining cryptocurrency exchange Okcoin as a brand advisory board.

Randi also posted a YouTube video titled “What are Meme Coins and Tokens in Crypto?” where she discusses the growth of DOGE and SHIB and guides her viewers on sound investments in crypto.

Indian film actors

For India, 2021 was a notable year for massive exposure to cryptocurrencies, as major players participated in numerous ad campaigns and initiatives promoting cryptocurrencies.

The search for greater crypto penetration into the market of over 1.3 billion people has been driven by local crypto exchanges such as CoinDCX, WazirX and ZebPay. Businesses have teamed up with influential celebrities like Amitabh Bachchan to promote cryptocurrency trading and buying.

On the other hand, members of the Indian government proposed an anti-crypto law that sought to ban all private cryptocurrencies across the board without clarifying the meaning of the word “private”. India still holds a gray area in terms of cryptocurrency legitimacy.

Formula One

In the 2021 Formula 1 World Championship races, participation from the crypto community increased as companies such as Crypto.com, FuturoCoin, Bitci.com, Socios.com and Tezos sponsored teams and supported their environmental and wellness initiatives.

Previously, the crypto community successfully hosted numerous crowdfunding events to help NASCAR racers get back on track and compete in professional races.

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