Amanda Sunny declares 'all-in' with Dogecoin... the bond between Celeb and cryptocurrency

Hollywood star Amanda Sunny, who has 24 million Instagram followers, recently revealed her true stance on cryptocurrencies through social media. In response to a Twitter user’s question, “Do you still hold Dogecoin?” Amanda Sunny delivered a direct answer. She said, “Most of my investment portfolio is in DOGE.” This is more than just a casual trade; it is a clear stance on Dogecoin, which has already gained significant trust within the industry.

Major Influencers’ Trust in DOGE

Currently, Dogecoin has a circulating market cap of $20.9 billion, with a volatility of -1.52% over the past 24 hours. Public declarations of holdings by influential celebrities like Amanda Sunny have considerable ripple effects among retail investors. Concentrating most personal assets in a specific cryptocurrency is generally considered a risky investment strategy, but such moves by stars often influence market sentiment. Currently, Dogecoin is trading at around $0.12.

Interest in NFT Collections Also Evident

Amanda Sunny’s foray into cryptocurrencies is not limited to Dogecoin. In another tweet, she encouraged retweets with the comment, “Owning a CryptoPunk NFT is my dream.” CryptoPunks are one of the most iconic projects in NFT history and are high-value digital assets. This indicates that Amanda Sunny is interested in the NFT market beyond simple meme coin investments. The participation of celebrities in the crypto ecosystem is narrowing the gap between mainstream markets and digital assets.