February 7, 2025

Snoop Dogg Crypto Holdings: A Deep Dive Into His Investments

Snoop Dogg Crypto Holdings: A Deep Dive Into His Investments

The crypto scene keeps transforming, and big names like Snoop Dogg are jumping in, not just watching from the sidelines. Although popularly known for his music and smart business moves, Snoop is also making waves in both the cryptocurrency and blockchain worlds. As this industry gains recognition and momentum, the music star has joined in the revolution of digital currency, leaving a mark in the crypto world. His cryptocurrency moves are becoming as famous as his music. Let’s take a closer look at what crypto Snoop owns and see how these choices show ,how he’s thinking ahead about growing his wealth, crypto holdings and explore how these investments reflect his forward-thinking approach to wealth management.

The Crypto Ball: A Gateway to Understanding

Snoop Dogg’s involvement in cryptocurrency became particularly public when he performed at the “Crypto Ball” in January 2025, an event celebrating Donald Trump inauguration, which was noted for its significant crypto industry presence.

This act, while stirring some controversy due to his previous anti-Trump stances, highlighted his commitment to the crypto space. According to various reports from sources like Worldstarhiphop, Snoop’s performance at this event led to him losing over 500,000 followers on social media platforms. This illustrates the polarizing nature of his involvement in both politics and cryptocurrency.

Snoop Dogg looses 500,000 followers
Source: Worldstarhiphop

Snoop Dogg’s Early Investments and Endorsements

Snoop Dogg’s journey into cryptocurrency didn’t start with Trump’s inauguration. Back in 2022, there were mentions of Snoop and fellow artist Drake investing millions into Bitcoin and the crypto exchange MoonPay. This early adoption signifies his interest in not just the currency but also in platforms that facilitate crypto transactions.

Snoop Dog’s Crypto Portfolio

1. Bitcoin

While specific figures on his holdings are not publicly disclosed, Snoop Dogg has been associated with investments in major cryptos to buy such as Bitcoin and Ethereum. His presence at events like the Crypto Ball suggests an ongoing interest in these foundational cryptocurrencies.

Snoop Dogg has consistently supported Bitcoin, emphasizing its enduring importance instead of considering it merely a fad. During an interview regarding Bitcoin, Snoop Dogg showed enthusiastic backing for cryptocurrency, declaring that he firmly believes in the technology and the worldwide connections it creates.

When questioned whether Bitcoin is merely a trend from the pandemic, he rejected the idea, stressing that he has observed market changes throughout the years and stays optimistic about crypto’s lasting influence. He believes that the pandemic simply speeded up the acceptance of blockchain technology instead of generating a fleeting trend. His response highlights his conviction that crypto is permanent and will keep influencing the future.

As an early adopter, he began accepting Bitcoin for his music back in 2013, pricing his album at 0.3 BTC. This amount has significantly appreciated over time. While the exact quantity of Bitcoin Snoop earned from these sales remains unknown, his early involvement positions him among artists who might have become Bitcoin millionaires.

His enthusiastic support for cryptocurrency is evident, with statements like, “The future is here and Snoop is your captain,” highlighting his commitment to the digital currency landscape.

My next record available in bitcoin n delivered in a drone.

— Snoop Dogg (@SnoopDogg) December 2, 2013

2. Ethereum

Although Snoop Dogg hasn’t made a direct, public declaration about his Ethereum (ETH) ownership, various pieces of evidence imply that he possesses or has possessed considerable amounts of Ethereum. Majority of his Non-Fungible Tokens (NFTs) were mainly on Ethereum blockchain, which could indicate that he interacted much with ETH.

In 2021, Snoop Dogg publicly revealed that he was the anonymous individual with the twitter account @CozomoMedici, recognized for collecting a large number of NFTs. His assortment featured valuable Ethereum-based NFTs.

I had a feeling digital art would save Ethereum https://t.co/9sR6Wumn90

— Cozomo de’ Medici (@CozomoMedici) February 6, 2025

His NFT project “Snoop Dogg Genesis” was released on Ethereum, suggesting he needed to interact with ETH for minting, buying, and selling these NFTs. His Additionally, his purchase of virtual land in The Sandbox, a metaverse platform on Ethereum, would have required transactions in ETH.

3. Dogecoin

Although Snoop Dogg has not made any explicit claims of ownership regarding Dogecoin, his pattern of endorsements and general enthusiasm for cryptocurrency strongly imply some degree of involvement or at least support for Dogecoin.

In February 2021, Snoop Dogg participated in a trend where famous figures like Elon Musk and Gene Simmons were tweeting about DOGE, leading to a spike in Dogecoin price. He shared a photoshopped album cover showcasing the Dogecoin mascot, interpreted as an endorsement. Snoop Dogg also referenced Dogecoin during interviews, such as the one with Vanity Fair in April 2021, where he suggested the chance of developing his own cryptocurrency.

@elonmusk pic.twitter.com/KElwKghpei

— Snoop Dogg (@SnoopDogg) February 6, 2021

In light of this context, although we can’t conclusively assert that he “owns” Dogecoin regarding existing assets, Snoop Dogg has undeniably played a role in the Dogecoin story, which generally implies a level of ownership or trading, particularly during periods when his endorsements became known. Nevertheless, in the absence of direct confirmation, the degree of his ownership is still uncertain.

4. Cardano (ADA)

While there are no mentions of direct ownership of Cardano (ADA), his involvement with the blockchain could explain his interest. Snoop Dogg collaborated with Clay Nation to launch an NFT collection on the Cardano blockchain.

This move shows the interest of the music star to diversify into other blockchain ecosystems like Cardano, beyond Ethereum and Bitcoin.

5. Snoop Dogg’s NFT Revolution

An important element of Snoop Dogg’s strategy in the cryptocurrency space has been his extensive investigation of NFTs (non-fungible tokens). In 2021, he acquired five NFTs for a total of 4,185.5 ETH, featuring notable purchases like “Right-click and Save As Guy” for 1,600 ETH and “Some Asshole” for 1,300 ETH. This investment amounted to approximately $15 million.

In that same year, Snoop launched his first NFT collection titled “A Journey with the Dogg,” which quickly sold out, featuring one piece, “Death Row,” that sold for over $100,000.

As mentioned earlier, Snoop Dogg garnered attention in 2021 by revealing that he was the mastermind behind the Twitter account @CozomoMedici, a name that became strongly linked to a significant NFT collection. In this persona, he established a collection that included nine CryptoPunks and ten Meebits, valued at over $17 million at the time.

Continuing his success into 2022, he launched “Snoop’s Stash Box,” an NFT project that led to the sale of around 9,000 NFTs at $5,000 each, generating $45 million in less than a week. Through these endeavors, Snoop has fused his musical identity and brand with the realm of digital art, all while informing his fanbase about digital ownership, which in turn boosts the widespread acceptance of NFTs.

His investments in NFTs have significantly influenced the cultural transition towards blockchain art, offering artists fresh avenues to earn from their creations. Snoop remains active in the scene, working alongside musicians and various blockchain platforms, solidifying his reputation as a trailblazer. His engagement with NFTs showcases his sharp understanding of the dynamics and potential of the crypto market.

Snoop Dogg’s Metaverse Ventures

Snoop Dogg has similarly left a significant mark on the metaverse, an innovative realm where virtual reality meets blockchain technology. In 2021, he gained attention by acquiring virtual property in The Sandbox, a popular metaverse platform.

This move was beyond just a financial pursuit; it was a strategic effort to create a unique virtual experience for his audience, including exclusive digital concerts, the introduction of new NFTs, and a range of virtual products.

In March 2022, Snoop deepened his connection with fans by launching “Snoopverse Early Access Passes” in partnership with The Sandbox. These passes were essential for accessing “The Snoopverse,” a prestigious digital haven.

The enthusiasm was tangible when, after the initial access period, The Sandbox conducted an auction for parcels in this virtual community. Notably, a fan spent $450,000 merely to obtain a digital parcel next to Snoop’s virtual property.

This occasion highlighted the flourishing market for metaverse real estate, as January 2022 alone saw sales surpassing $85 million, expected to increase by 31% each year.

MoonPay Investments

In April 2022, Snoop Dogg joined a group of prominent investors that helped raise $87 million for MoonPay, a cryptocurrency payment startup. This funding round assessed MoonPay’s value at $3.4 billion after the previous $555 million funding.

Although it isn’t a cryptocurrency, MoonPay enables transactions across different cryptocurrencies. Snoop Dogg’s investment in this area indirectly demonstrates his backing for the wider crypto ecosystem.

Snoop Dogg: Net Worth and Crypto Contributions

The source of Snoop Dogg’s wealth is his investments, business deals and music. Currently, he records a net worth of nearly $160 million, according to Celebrity Net Worth. He makes money from his songs and has branched out into weed, clothes, and digital money, with crypto making a big part. We don’t know what he owns, but he’s into Bitcoin and Ethereum.

Snoop keeps getting involved in blockchain and NFT projects showing he’s not just buying crypto but helping shape its future. He does more than just invest in crypto; he transforms how people perceive it.

When he performs at events like the Crypto Ball, he brings attention to crypto and makes his fans and others embrace it . When he talks about crypto during big moments like when new leaders take office, it shows how famous people can change how we think about, and use new tech.

Controversies and Public Reaction

The reaction to Snoop Dogg’s Crypto Ball performance highlights the intricate connections among celebrity endorsements, political ties, and public sentiment in the cryptocurrency arena.

Some fans felt misled, seeing it as a shift in his political views, while others viewed it as a smart business move or an embrace of crypto’s ideals.

Future Prospects

Given Snoop Dogg’s history of innovation and investment in various sectors, his future in cryptocurrency could involve more direct investments, perhaps in emerging blockchain projects or further development in virtual reality spaces like The Sandbox. His influence might also lead to more celebrities diving into crypto, potentially mainstreaming digital currencies further.

Conclusion

Snoop Dogg’s ventures into crypto show a wider pattern of famous people using their sway to support blockchain tech. Though we don’t know all the details of what he owns, his public moves and endorsements show us a crypto fan who’s putting both his money and his image behind the digital economy. With the ongoing evolution of the crypto landscape, Snoop Dogg’s influence may be crucial in determining how everyday audiences engage with and comprehend cryptocurrencies.

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