The post YouTube’s MrBeast and His $2 Million Bitcoin Investment: A New Trend for Young Investors? appeared first on Coinpedia Fintech News
There are reasons to believe that young entrepreneurs see cryptocurrencies as a good investment option. The massive crypto investment of youtuber, known as MrBeast is a best example. Here is what we know about MrBeast’s crypto investment.
How Much Bitcoin Does MrBeast Holds
People like MrBeast can easily influence people, as he has a huge fan following. When he opened up about his crypto investment during a casual podcast, it created a huge excitement in the crypto community, especially among the younger population in the community. As per a latest report, he now holds at least $2 million worth of Bitcoin. When did his engagement with the sector actually begin? From the little we know right now, it is sensible to assume that it started in 2021, with the purchase of Crypto Punks. In an interview that he gave that year, he named Gary Vaynerchuk as the one who influenced him to make such an NFT purchase. Anyway, since then, he has been very active. He was a part of a promotion campaign launched by Coinbase in August 2021, which aimed to attract new users to the crypto exchange using the possibility of Bitcoin giveaways.
MrBeast and XCAD Network: What You Should Know
MrBeast was one of those futuristic business minds who supported the watch to earn revolution launched by XCAD Network. The #Watch2Earn revolution is a revolutionary business philosophy, which enables fans to earn Creator Tokens rewards for watching their favourite Creator, directly on Youtube. The price of the XCAD token is around $0.3589. It has a market cap of $17,135,671
The story of MrBeast proves that young business persons are extremely optimistic about the future of cryptocurrency, especially about the future of the top cryptocurrencies like Bitcoin and Ethereum, and so they are ready to invest in the cryptos despite the fact that the crypto sector is highly volatile in nature.
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