A growing number of young entrepreneurs are viewing cryptocurrency as a promising investment opportunity, and MrBeast’s notable involvement is a prime example. Here, we take a closer look at what we know about MrBeast’s crypto journey.
How much Bitcoin does Mr.Beast own?
With a huge fan base, Mr. Beast has considerable influence over his audience. When he revealed his cryptocurrency investments in a casual podcast, he caused a big stir, especially among young crypto enthusiasts. Recent reports suggest that Mr. Beast now holds at least $2 million worth of Bitcoin. His involvement with the cryptocurrency world appears to have begun in 2021 with the purchase of Crypto Punks.
In a 2021 interview, he acknowledged that Gary Vaynerchuk was the main influence behind NFT investing. Since then, MrBeast has remained actively involved, and in August 2021, he took part in a Coinbase promotion aimed at attracting new users through a Bitcoin giveaway.
Support the #Watch2Earn revolution
MrBeast also supports the innovative #Watch2Earn movement spearheaded by the XCAD Network. This innovative concept allows fans to earn Creator Tokens as rewards by watching their favorite creators directly on YouTube. XCAD Tokens are currently selling for approximately $0.3589, with a market cap of $17,135,671.
The future for young investors
MrBeast’s story proves that the young businessman is very optimistic about the future of cryptocurrencies, especially the top cryptocurrencies like Bitcoin and Ethereum, and is ready to invest in them despite the fact that the crypto sector is highly volatile in nature.
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