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Jay-Z, Eminem, and Snoop Dogg’s Cryptocurrency Wallets Revealed: Who Owns the Most?
Jay-Z, Eminem, and Snoop Dogg’s Crypto Wallets Revealed: Who Owns the Most?
One of the most interesting aspects of cryptocurrencies is that every transaction and wallet is public. While it can be difficult to determine who owns the wallets, many cryptocurrency analysts constantly cross-reference on-chain data with celebrity news.
Rappers in particular have been among the most involved in the cryptocurrency world, with Snoop Dogg, Jay-Z and Eminem leading the way.
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Snoop Dogg has been active in the non-fungible token (NFT) space, mostly in 2021 when he purchased a handful of NFTs. Snoop Dogg spent 4,185.5 Ethereum (ETH) tokens in 2021 on five NFTs:
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“Right Click & Save As Guy” for 1,600 ETH in December 2021
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“Some Asshole” for 1,300 ETH in September 2021
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“CryptoPunk #3831” for 850 ETH in July 2021
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“Destiny” for 225 ETH in October 2021
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“Fidenza #351” for 210.5 ETH in September 2021
Snoop Dogg likely spent around $15 million to acquire the NFTs. The collection is currently worth between $5 and $10 million.
Snoop Dogg created his own NFT project in 2022. Called “Snoop’s Stash Box,” the project sold approximately 9,000 NFTs for $5,000 each, allowing the rapper to make $45 million in less than a week.
Jay-Z is another prominent rapper with NFTs. His most expensive NFT is CyberPunk 6095, which he purchased for 55 ETH in April 2021. At the time, the price of ETH was around $2,500, meaning Jay-Z spent around $137,000 on CryptoPunk .
The minimum price for CryptoPunks is currently around 40 ETH. However, Jay-Z’s NFT has some unique features, so it could be worth closer to 50 ETH, meaning it could be worth around $175,000.
Jay-Z has also been an investor in several cryptocurrency companies through his VC, Marcy Ventures. The firm has invested in major crypto companies, such as MoonPay and Ledger.
Eminem has also been a notable cryptocurrency investor. In June 2021, he purchased Bored Ape 9055, which features a hat the rapper often wears, a large chain, and a gold jacket. Eminem paid 123.45 ETH for the NFT in June 2021. At the time, it was worth around $300,000. The Bored Ape Yacht Club NFT collection currently has a minimum price of around 12 ETH, or around $45,000. However, the unique features of Eminem’s Bored Ape mean it could be worth closer to $100,000.
The public nature of blockchain has allowed for an unprecedented amount of information about celebrities’ financial positions. Other notable wallets that have been discovered range from former President Donald Trump to comedian Dave Chappelle.
The story continues
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This article Jay-Z, Eminem, and Snoop Dogg’s Crypto Wallets Revealed: Who Owns the Most? originally appeared on Benzinga.com
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