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Despite the fact that the digital currency is facing a losing streak, the rapper decided to bet expecting profits of 2.3 million dollars.
The Super Bowl is the highest rated sporting event in the world.
Last Thursday, the Canadian rapper, Drake announced through Instagram his bet for a $1.3 million dollar in Bitcoin for the next edition of the Super Bowl and to support the victory of the Los Angeles Rams in their dispute against Cincinnati Bengals. dedicated 475 thousand dollars.
Bitcoin is the digital currency that continues to dominate the media, according to Statista, searches for Bitcoin on Google were much higher than those for “Ethereum” during 2020.
Currently, the digital currency has a presence in more than 50 countries around the world and is the most popular in the United States; however, due to the nature of the technology blockchain that emphasizes privacy it is difficult to estimate the size of the cryptocurrency market.
Data from Statista reveals that as of December 31, 2021, Bitcoin registered a price of approximately 47,129 US dollars, which represented a considerable decrease compared to the price registered the previous month.
With that decrease and so far, the price of bitcoin has fallen by around 37 percent.
Drake’s bet with Bitcoin in the Super Bowl
In an Instagram post, the rapper shared screenshots of the bets he placed online for the Super Bowl game that will take place next Sunday.
“All bets are ready in the family,” added copy to the images.
In addition to risking capital for the Los Angeles Rams to win, he also bet $395,000 that Rams wide receiver Odell Beckham Jr. will have more than 0.5 touchdowns at any given time.
According to the bitcoin valuation carried out by the app Skate, Drake’s earnings could reach 2.3 million dollars.
That is to say, the exchanges in cryptocurrencies are being made at a critical moment for Bitcoin; however, it’s a big gamble when it comes to the Super Bowl, the world’s most popular sporting event.
According to a graph of Statisticalthe Super Bowl managed to position itself as the sporting event with the highest brand value with 780 million dollars, in second place the Summer Olympics with 375 million, the FIFA World Cup with 282 million, WrestleMania with 245 million, among other recognized sports.
The Super Bowl is the most important sporting event todaywhere hundreds of brands involve their efforts to adopt the trend as much as possible to position themselves in the eyes of millions of viewers around the world, as well as in that of users.
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