Yukihito Taguchi-USA TODAY Sports
Dogecoin was the catalyst for Naomi Osaka entering into cryptocurrencies, the 4-instances Grand Slam tennis singles champion told Bloomberg in a current interview.
Osaka talked of studying about an explosion of interest in the meme token on Twitter, even earlier than her agent spoke to her about probably investing in crypto.
“As athletes, our profession is not that lengthy, and so I identical to being very good with it,” she stated in the interview revealed Monday, although she did not specify any crypto holdings.
“I like when my agent tells me there’s alternatives. And in a bizarre manner, I wish to fail a bit of bit because it makes you perceive what did not work and why.”
Dogecoin’s worth is up 5,700% to date this 12 months at 27 cents per coin, however continues to be 60% decrease from a peak of about 70 cents hit in May, in keeping with knowledge from CoinDesk.
On main crypto exchanges, buying and selling volumes in dogecoin surged to virtually $1 billion a day in the second quarter, in keeping with Coinbase knowledge. In addition, Robinhood revealed this month that dogecoin made up 62% of the investing app’s crypto income in the identical interval.
Read extra: Billionaire Mark Cuban reveals he owns solely $500 value of dogecoin, regardless of his reward for the meme token
Osaka, who has invested in salad chain Sweetgreen and ladies’s skilled soccer staff North Caroline Courage, additionally spoke concerning the Reddit-fuelled buying and selling frenzy that blew up this 12 months.
“My boyfriend actually likes to get up in the morning and test his stuff,” Osaka stated. “I’m personally not an individual that does that, however I can see the attraction.”
Osaka has delved into the world of non-fungible tokens. Together with her sister Mari Osaka, she just lately launched new signed collectibles on Tom Brady’s Autograph platform.
But the 23-12 months-previous tennis participant, who was fined $15,000 for declining media interviews throughout the French Open, stated she likes to maintain a low profile sometimes.
