Cryptos get more Hollywood endorsement as Reese Witherspoon chooses Etherum over Bitcoin

Key Takeaways

  • Hollywood actress Reese Witherspoon buys Etherum as Paris Hilton shows more love for Bitcoin.
  • This is the first crytpo buy for the Oscar-winning megastar, while Hilton is a long-time BTC advocate.
  • Amid stellar performance of digital tokens, celebrity love for crytpos grow.

YEREVAN (CoinChapter.com) — As cryptos put up stellar performances in recent days, some tokens continued to get traction. The Bitcoin (BTC) continued to consolidate while altcoins had a starry weak.

The crypto industry also caught the attention of some celebrities, receiving endorsements from more Hollywood stars. 

Recommended: Ethereum (ETH) jumps 10% amid DeFi, NFT activity surge, and on-chain developments.

Hollywood actress Reese Witherspoon buys ETH

Hollywood actress Reese Witherspoon opened her crypto account with a buy into Ethereum (ETH). The Oscar-winning star received a warm welcome from the crypto community when she announced that she had acquired her first ETH. 

“Just bought my first ETH! Let’s do this”, the megastar wrote.

As Twitterati caught up with her tweet, she started receiving offers of free airdrops. 

Social media star Logan Paul asked for the star’s address to send her a non-fungible token (NFT) from the World of Women collection.

Others did not lose the opportunity to promote their favorite coins. 

Fans of Bitcoin(BTC), Dogecoin (DOGE), and even Reserve Rights token (RSR) drew the actress’s attention to their tokens of choice. 

Recommended: Ethereum (ETH) looks poised to blast towards $4K; three reasons why

Paris Hilton renews love for Bitcoin

Amid talks that Ethereum could overtake Bitcoin in the long run, Witherspoon’s purchase of ETH instead of BTC is interesting. Being one of the highest-paid actresses, it is evident that her choice of crypto wouldn’t go unnoticed. 

Bitcoin maxi Mark loli, for example, attacked Ethereum founders in his attempted defense of BTC. 

Mark displayed a classic BTC-ETH rivalry, calling Bitcoin “fair sound money empowering humanity and way more important than any tech company.”

However, Etherum didn’t take all the spotlight. Hours earlier, Paris Hilton had shown her love for BTC again on Twitter.

Sharing MicroStrategy CEO Michael Saylor’s tweet comparing diamonds and Bitcoin, Hilton endorsed the world’s number one token. 

Hilton, however, is not new to Bitcoin. On the contrary, she’s been invested in it for quite some time now. 

Earlier this year, she confirmed that she is an investor in BTC, claiming “it’s the future.”

Recommended: Cardano chief Hoskinson predicts a larger role for cryptocurrencies in Afghanistan.

Celebrity love for cryptos growing

As a multi-award-winning actress, Witherspoon boarding the crypto train signals the continued adoption of cryptocurrencies among celebrities. 

Fellow-actor Ashton Kutcher had been one of the early advocates of cryptos, tweeting about Etherum back in 2014. 

His wife, actress Mila Kunis, stepped big into the space with her release of Stoner Cats NFTs earlier this year. The success of the project sent Etherum gas prices over the roof. 

Singer Mel B, musician DJ Khaleed, football star Lionel Messi, fellow movie star Jamie Foxx, and boxer Mike Tyson are some celebrities who have tipped their beaks in crypto. The list is endless.

As the industry continues to grow, many altcoins banks on celebrity endorsements with the hope of making it big. 

Meanwhile, Reese Witherspoon’s subtle endorsement of Etherum over Bitcoin will benefit ETH. 

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