The post YouTube’s MrBeast Reveals $2 Million Bitcoin Holdings: An Inspiration for Young Investors! appeared first on Coinpedia Fintech News
Young entrepreneurs are increasingly viewing cryptocurrencies as a promising investment, and MrBeast’s notable involvement is a prime example. Here’s a closer look at what we know about MrBeast’s crypto journey.
How Much Bitcoin Does Mr Beast Hold?
With his massive fan base, MrBeast holds considerable sway over his audience. When he revealed his cryptocurrency investment during a casual podcast, it generated significant buzz, particularly among younger crypto enthusiasts. According to recent reports, MrBeast now holds at least $2 million worth of Bitcoin. His engagement with the crypto world appears to have begun in 2021, starting with his purchase of Crypto Punks.
In a 2021 interview, he credited Gary Vaynerchuk as the key influence behind his NFT investment. Since then, MrBeast has remained actively involved, including participating in a Coinbase promotion in August 2021 designed to attract new users through Bitcoin giveaways.
Backing the #Watch2Earn Revolution
MrBeast has also supported the innovative #Watch2Earn movement spearheaded by XCAD Network. This revolutionary concept allows fans to earn Creator Tokens as rewards for watching their favorite creators directly on YouTube. The XCAD token, currently priced at around $0.3589, boasts a market capitalization of $17,135,671.
The Future of Young Investors
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.
Also Check Out: WIF’s Largest Holder Makes $2.7M Purchase, Bullish Reversal Imminent?