Director of Netflix sci-fi series makes $27m on Dogecoin, new passive income altcoin gaining attention
The post Director of Netflix sci-fi series makes $27m on Dogecoin, new passive income altcoin gaining attention appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a remarkable turn of events, Carl Erik Rinsch, the director of Netflix’s upcoming sci-fi series “Conquest”, made headlines by allocating a staggering $4 million from the show’s budget to Dogecoin (DOGE). His bold move resulted in an astonishing profit of $27 million. Moreover, another crypto token with major passive income potential is making news. Netflix director used $4m of show’s budget on Dogecoin Carl Erik Rinsch, the creative mind behind Netflix’s highly anticipated sci-fi series “Conquest,” shook the entertainment world when the news revealed that he had diverted $4 million from the project’s budget to crypto in 2020. His choice of investment? Dogecoin, the beloved meme-inspired digital currency that has been making waves in the crypto space. Rinsch’s gamble paid off spectacularly, as he reportedly turned his initial $4 million investment into a jaw-dropping $27 million in profits. This staggering return on the investment has left both crypto enthusiasts and industry insiders in awe. This windfall did not go unnoticed, and Rinsch’s extravagant spending quickly became a subject of scrutiny. He reportedly splurged approximately $9 million on designer clothing, luxury furniture, a watch worth over $380,000, a Ferrari, and five Rolls-Royces. The controversy surrounding Rinsch’s financial decision stems from the fact that “Conquest” had been allocated a substantial budget of $55 million by Netflix. Yet, the series has yet to release its first episode. As of the latest data available, DOGE is trading at approximately $0.083890. Over the past seven days, the cryptocurrency has shown a strong uptrend, with a 7.4% increase in its price. Looking at the past month, Dogecoin has experienced an impressive surge, boasting a 14.12% increase in value. However, over the past year, it has seen a significant…
Filed under: News - @ December 3, 2023 12:26 am