It’s no secret that prominent gaming influencer FaZe Banks loves cryptocurrency. Now he’s buying more.
Richard “FaZe Banks” Bengtson is CEO and co-founder. esports Organization and lifestyle brand FaZe Clan. taken by gamer Instagram This week, he reported his latest cryptocurrency purchase and further strengthened his advocacy stance amid the broader gaming industry, where cryptocurrencies remain controversial.
advertising
Banks posted a note to her 2.8 million Instagram followers on Tuesday: “Stop being my typical average dude and ask me to make a play in a year when the mainstream media and your mom is talking about crypto again. “Don’t call me,” he urged. Ethereum price It reached a yearly high of $2,300.
“Expose yourself now,” Banks said, spreading the word about cryptocurrencies and insisting potential buyers take a look. BitcoinEthereum, and Solana.
“BTC is the safest. In my opinion, ETH is also pretty much safe, but has a bit more upside. My personal favorite. A significant portion of my net worth Ethereum” Banks added that in his view Solana is the “riskiest” of the three cryptocurrencies.
“My money is definitely where my mouth is. Buy it and leave it alone. “Calm down,” he added.
However, as with many financial assets and purchases, buying or trading cryptocurrency comes with risks. Fans should be careful not to take financial advice from influencers or celebrities they follow online. It is often unclear what the influencer’s motivations are for promoting a cryptocurrency, NFT project, or financial asset.
Banks also claimed that he recently spent $200,000 on four altcoins called Prime, Pepe, Mog, and Clouds, the last of which has yet to be officially launched.
Prime is science fiction NFT card game parallelofficial token of, pepe This is a frog-inspired meme coin that has risen recently. $666 million Mog is a meme coin that has been swirling on Twitter with fans pairing it with memes of people and animals wearing specific colored glasses. cloud This is an upcoming token from Endless Clouds cryptocurrency startup, which is developing the Treeverse gaming platform.
“This is the first real play I’ve made since the big market crash,” Banks said. He spent the summer “social pie“Trend and Earned over $70,000 By signing up Friend Tech.
Banks did not respond immediately. decryptionThis is a request for opinion on a recent cryptocurrency purchase.
It is worth noting that FaZe Clan’s newly appointed CEO has been in the cryptocurrency industry for several years. In 2021, Banks was accused of pumping and dumping altcoins he promoted. BankSocial.
And you can get a quick glimpse of the wallet linked to the ‘bank’.rip off the bank” I currently have some NFTs from the Azuki collection. bored monkey4 Mutant Ape NFTs, a whopping 72 other NFTs from Yuga Labs’ the other side Includes a Metaverse game, 2 Clone X NFTs, 1 Doodles NFT, etc. He also boasted recently CryptoPunks holdings.
Banks is a cryptocurrency and NFT enthusiast, but not everyone in FaZe Clan shares this view. Currently the only female member of the organization. Kaley Renaipreviously said decryption In her TwitchCon interview, she revealed that she is not a fan of NFTs.
“As a community, we all hate NFTs,” FaZe Kalei said of gamers. “It’s your money. Do whatever it takes. But I’m not interested in NFTs. I do not trade cryptocurrency. It doesn’t do that at all. I’m so far away from that.”
Editor: Andrew Hayward
Stay up to date with cryptocurrency news and receive daily updates in your inbox.
Source: Decrypt.co
Cryptocurrency Investment Risk Warning
Cryptocurrency assets are highly volatile. Your capital is at risk.
Don’t invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.
Read full disclaimer