- Crypto Investor Mike Alfred revealed on Twitter that he had bought 10 million ADA in 2018.
- Alfred mentions that all the 10M ADA coins will be given to one random person.
- There was a mixed reaction observed among the users on the Twitter platform.
On Wednesday, Crypto Investor Mike Alfred revealed on Twitter that he had bought 10 million ADA in 2018 and is willing to give them away.
If your biggest asset is your house and you own no #Bitcoin, you will almost certainly be significantly poorer in 3 years compared to someone whose biggest asset is Bitcoin and doesn't own a home.— Mike Alfred (@mikealfred) August 23, 2022
In the Twitter post, Alfred claims he is giving away the ADA coins because he does “not want to hold ADA”. Alfred further mentions that all the 10 Million ADA coins will be given to one random person who likes or retweets on his post.
There was a mixed reaction observed among the users. Some users believed it to be a ruse, calling it “tweet bait” and joked about the Twitter post. While others claimed they had faced the risk of a “bearish market” and the reward would be a blessing.
Mike Alfred has been a long-time supporter of Bitcoin and a critic of altcoins like ETH. Alfred had praised Bitcoin in many of his posts and urged users to purchase BTC, with regards to its price hike in future.
Earlier in March, Mike Alfred tweeted:
Solana is broken. Ethereum gas fees are so high that it’s essentially unusable. Cardano is going to zero. Meanwhile, Bitcoin issues a new block every 10 minutes like clockwork.
Furthermore, Mike Alfred posted a similar tweet this month stating that he will be giving 69 ETH away every day to one random person. Alfred then congratulated a user for being the lucky winner and asked for his name, address, and taxpayer ID. It’s still not proven if that user received the reward.
According to CoinMarketCap, Bitcoin is trading at $21,684, with a 1.03% surge in the past 24 hours. Meanwhile, Ethereum is up by 2.9% in the past 24 hours and hovers at $1,706.