Wen Doggcoin? Snoop Dogg hints at future token offering

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Dogecoin (DOGE) proponent and media persona Snoop Dogg has stated he hopes to launch his personal cryptocurrency sooner or later.

In a Vainness Truthful interview launched on Friday, Snoop said his current non-fungible token, or NFT, offering through Crypto.com will seemingly not be his solely contribution to the crypto house. Citing parallels between Dogecoin and his personal skilled identify, the rapper stated journalist Nick Bilton was “rattling proper” in predicting a Snoopcoin or Doggcoin at some point.

“Is d-o-g-g just like d-o-g-e?” requested Snoop.

The leisure icon already has his personal model of tokens as NFTs by means of Crypto.com, although the providing is a tokenized model of paintings that includes “Snoop Dogge cash” moderately than a real cryptocurrency. The NFTs have an image of a canine on one facet of three gold cash and a recording of Snoop saying he’s “all about these Snoop Dogge Cash, canine.” On the time of publication, customers have bought roughly 3,000 editions of the NFT.

Together with billionaire Elon Musk and Kiss’ Gene Simmons, Snoop has been one of many prominent figures promoting DOGE by means of memes and pro-crypto statements on social media. The mentions could have contributed to the worth of the token reaching an all-time excessive of $0.08 in February, although it has since fallen to $0.06.

Nonetheless, Snoop is seemingly bullish on Bitcoin (BTC) as effectively. He instructed Vainness Truthful he didn’t see the coin as a fad prone to cross as soon as the pandemic is over.

“I consider in [Bitcoin],” stated Snoop. “I consider within the expertise and I consider within the world connection it creates. I’m not too caught up within the worth of the coin, as a result of I’ve been round lengthy sufficient to see issues go up and go down, and I do know it’s right here to remain.”

On the time of publication, the BTC worth is $57,910, having fallen 1.5% within the final 24 hours.