Rapper Soulja Boy Endorses Dogecoin; Explores Creating His Own Crypto & NFT
Rapper Soulja Boy got the cryptocurrency community started as he took to Twitter to ask, “What’s the best way to buy Crypto? Robinhood? Coinbase?”
It’s not that he doesn't know how to buy them, as it’s not his first foray into the crypto world. In 2018, he released a song called “Bitcoin,” where he talks about spending $6,000 on the leading digital currency and making “100 racks off of Bitcoin.” He also name-dropped Litecoin at the time.
This time, he is apparently looking for “better alternatives,” as he said in his tweet, which came right after sharing his Robinhood reference link to his 5.9 million followers. Further knowing that Robinhood doesn't allow you to take control of your BTC, he is now trying to avoid doing just that.
His query for alternatives to buying crypto has yielded 2.4k responses and much love from the CT.
From Jack Dorsey’s Square' Cash App, Binance.US, eToro, Gemini, to Voyager, OKCoin, and Bitbuy, everyone chimed in to help him.
But it just didn’t stop here; Soulja Boy, who is also a streamer and entrepreneur, now wants to explore the idea of creating his very own cryptocurrency. Recently rapper Lil yachty launched his own YachtyCoin.
But of course, the CT advised him to stay away from this, but “Could something bad come from creating a crypto?” he wondered.
CT is also proposing NFTs, which he “would like to release something as well.” He is further ready to put his music on the blockchain too.
Thoughts on me creating my own crypto?
— Soulja Boy (Drako) (@souljaboy) January 19, 2021
In a separate video doing the rounds on social media, the rapper is endorsing Dogecoin, a meme cryptocurrency that has got much love from Tesla CEO Elon Musk time and again. He says in the video,
“Yo Dogecoin Army, it’s going down, man. Make sure y’all tap in for Dogecoin; man, it’s gonna be the crypto of the future. Dogecoin is the people’s coin. Let’s go. It’s your boy, Soulja Boy.”
But this endorsement came from Soulja Boy’s Cameo page, which allows anyone to request him to read any message for $75.
Lately, Cameo, a video-sharing website, has seen many celebrities like Paris Hilton talking about Bitcoin, Ether, and other cryptocurrencies.
Digital currencies have started to gain increased attention from celebrities as retail and institutional investors continue to pump them. Even the dudewithsign is endorsing Bitcoin.