Rich The Kid Reveals He Is Starting A New Cryptocurrency

BYAlexander Cole793 Views
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Celine at The Wiltern
LOS ANGELES, CALIFORNIA - DECEMBER 08: Rich the Kid attends Celine at The Wiltern on December 08, 2022 in Los Angeles, California. (Photo by Matt Winkelmeyer/Getty Images for CELINE)
Rich The Kid is getting into crypto again.

Rich The Kid is an artist who is going through a bit of a renaissance right now. Overall, this is mostly due to his inclusion on the Kanye West track "Carnival." It has subsequently led to renewed interest in his music. In fact, RTK came through with a couple of new songs last Friday, which certainly helped get fans reinvested in the Rich The Kid ethos. An album should be coming soon, and fans are definitely excited. Although as it turns out, he also has some unique new projects on the horizon.

We know this because earlier today, Rich took to his Twitter account to speak on a recent situation that happened on his Twitter account. As he notes, someone hacked him and promoted a cryptocurrency scheme. The scammer drained the funs and scammed fans out of a whole bunch of money. However, to make up for this, Rich The Kid claims that he has a token that will be coming out soon. In fact, he claims that the token will "go the moon," which is crypto slang for make a lot of money.

Rich The Kid Coin

There is no timetable for the crypto's release. Moreover, it is unknown what the logo will be or what the ticker symbol will be. 2024 has seen a crypto renaissance of sorts, which makes sense given the halving took place a few months ago. With that being said, you can expect more artists to get into the crypto game over the coming months.

Let us know what you think of this move from Rich The Kid, in the comments section down below. Do you believe that it makes sense for artists to turn themselves into cryptocurrency? Do you see any sort of use case for something like this? Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will continue to keep you informed on all of your favorite artists and other upcoming projects.

About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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