Gene Simmons’ $300K Cardano Investment Has More Than Doubled Since February

Gene Simmons’ 0K Cardano Investment Has More Than Doubled Since February
Lick it up.Kiss bassist Gene Simmons tweeted in February that he had bought $300,000 of Cardano’s ADA, writing that the cryptocurrency was “one I believe in.”The conviction has paid off for the rocker, with ADA’s price more than doubling since then. Based on back-of-the-envelope math, the token hoard would be worth more than $700,000 now.ADA is one of 14 cryptocurrencies that Simmons owns, he said Sunday in an interview on the Altcoin Daily YouTube channel.“I like Cardano, although it’s an idiot name,” Simmons said. “Get rid of that thing. Just call it ADA. Call it by the trading name.”Through a…