US Congressman Declares Investments in Dogecoin, Ethereum, Cardano
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.
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.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.