The logic appears to be pleased with its Ethereum investment.


Logic Says He Put $2 Million in Ethereum, Which Has More Than Doubled Since July.

The 31-year-old rapper took to Twitter on Wednesday to brag about the rising value of ETH, claiming that he had invested millions of {dollars} in a decentralized computing platform when it was only value $1,400; ETH was at $3,611.47 at press time.

ETH reached an all-time high of $4,362.35 in May, in line with information printed by Coinbase. A number of months later, it skilled a major drop to $1,786 but has been rising steadily since then. ETH has polarized members of the crypto community, with figures such as Mark Cuban saying it “has the most upside” as an funding; Whereas Twitter CEO Jack Dorsey beforehand said that he would never buy ETH. Last month whereas selling the Twitter add-on “Vicariously,” Dorsey posted a screenshot of his latest feed. The shot featured a tweet from one other consumer suggesting that ETH was a rip-off.

The logic apparently didn’t share this skepticism.

During his short-lived “retirement”, the Grammy-nominated rapper introduced that he had purchased millions of {dollars} value of bitcoin in October 2020.

“Bought $6 million in bitcoin last month,” he said within the video. “Fuck it. Yolo. Seriously.”

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