A U.S. congressman, Barry Moore, has declared his recent cryptocurrency purchases. He bought dogecoin, cardano, and ether.
U.S. Representative Barry Moore from Alabama filed a Periodic Transaction Report (PTR) last week declaring his recent cryptocurrency purchases.
if (!window.GrowJs) { (function () { var s = document.createElement(‘script’); s.async = true; s.type=”text/javascript”; s.src=”https://bitcoinads.growadvertising.com/adserve/app”; var n = document.getElementsByTagName(“script”)[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } });
According to the filing, the congressman bought cryptocurrency cardano (ADA), dogecoin (DOGE), and ether (ETH) during May and June. Each purchase was worth between $1,001 and $15,000.
His crypto investments have decreased in value since his purchases. He bought cardano on May 10, May 11, and May 13. The price of ADA was $1.7652, $1.5559. and $2.009 on those days respectively based on data from Bitcoin.com Markets. The price of the cryptocurrency is $1.4229 at the time of writing.
The congressman also declared that he bought dogecoin on June 13. The price was around $0.3275. At the time of writing, DOGE sits at $0.2317.
He also bought ether on May 5. The price that day was $4,081. At the time of writing, the ETH price had fallen to $2,370.
What do you think about the congressman buying the three cryptocurrencies? Let us know in the comments section below.