Will we see more celebrity endorsements of crypto?

[Grant]

I think Elon Musk and a few others out there have put out the word on Crypto. With the rise in popularity for crypto, it made me wonder if we'll start to see more celeb endorsements going forward. Do you think celebs will start to embrace crypto?

 

[Riberet19]

I have seen many celebrities in recent years enter the crypto world or promote it or create their NFTs projects, both Elon Musk, Logan Paul, the Kun aguero and we could name many more, these are things that usually happen in the Bull market to get the maximum possible profit before it collapses, on the other hand many of these actors are malicious and have scammed many people, so we have to be critical and alert to what their true intentions are.

 

[Good-Person]

I have seen many celebrities in recent years enter the crypto world or promote it or create their NFTs projects, both Elon Musk, Logan Paul, the Kun aguero and we could name many more, these are things that usually happen in the Bull market to get the maximum possible profit before it collapses, on the other hand many of these actors are malicious and have scammed many people, so we have to be critical and alert to what their true intentions are.

More and more celebrities shall accept cryptocurrencies. However, the main thing here is that the business community should also accept cryptocurrencies. Only then we could see real development.

 

[Riberet19]

More and more celebrities shall accept cryptocurrencies. However, the main thing here is that the business community should also accept cryptocurrencies. Only then we could see real development.

Well although I think more celebrities will continue to adopt them, their performances within the ecosystem have mostly not been good or respectable, seeking to scam users as I mentioned above or creating quite dubious projects, on the other hand the business fabric will gradually accept them too, but it is a long journey.

 

[Grant]

I have seen many celebrities in recent years enter the crypto world or promote it or create their NFTs projects, both Elon Musk, Logan Paul, the Kun aguero and we could name many more, these are things that usually happen in the Bull market to get the maximum possible profit before it collapses, on the other hand many of these actors are malicious and have scammed many people, so we have to be critical and alert to what their true intentions are.

It's sad that most of those names give me caution bells right away haha. Especially Logan Paul, and Elon Musk. Never heard of Kun Aguero though, but my guess is that he's not trying to make something good but profit from it.

I'm very critical when I see a celeb endorse a new crypto. It usually seems fake to me or a potential scam.

 

[James]

It is quite possible that we will continue to see celebrity endorsements of cryptocurrencies in the future. Over the past few years, there has been a notable increase in celebrity involvement and endorsements in the crypto space. Celebrities can bring attention and publicity to cryptocurrencies, potentially influencing their followers and expanding the reach and adoption of digital assets.

 

[Heatman]

I think Elon Musk and a few others out there have put out the word on Crypto. With the rise in popularity for crypto, it made me wonder if we'll start to see more celeb endorsements going forward. Do you think celebs will start to embrace crypto?

I believe that everyone is actually being careful when it comes to being associated to cryptocurrency and is the reason why even Elon Musk is sceptical and not up front when it comes to supporting Dogecoin. They don't want to be linked to any rugpull.

 

[Mostee501]

The involvement of celebrities can bring attention and credibility to cryptocurrencies, as their large fan bases may become interested in exploring and investing in these digital assets.

 

[Heatman]

The involvement of celebrities can bring attention and credibility to cryptocurrencies, as their large fan bases may become interested in exploring and investing in these digital assets.

I believe that the moment all those high celebrities begin to endorse cryptocurrency, it is something that is going to give more credibility to it and also make those who doesn't believe in it to change their mind.

 

[Nomad]

When it comes to crypto, everyone is trying to fish in the muddy waters and trying to benefit a lot through short-cut ways. Therefore, we frequently see celebrity endorsement. This trend will continue to grow bigger in the future. I think in the future, crypto will not be the asset for common people, it will be rather assets for rich and powerful people.

 

[Heatman]

When it comes to crypto, everyone is trying to fish in the muddy waters and trying to benefit a lot through short-cut ways. Therefore, we frequently see celebrity endorsement. This trend will continue to grow bigger in the future. I think in the future, crypto will not be the asset for common people, it will be rather assets for rich and powerful people.

Seriously, if this kind of thing happens with cryptocurrency, it is going to affect it in a very big way because a lot of people are going to be discouraged in making or investing in cryptocurrency and it is most likely going to affect its legitimacy.