The cannabis-based cryptocurrency – Potcoin – has seen its price and social media following spike after former NBA star-turned diplomat Dennis Rodman appeared last night on CNN wearing a Potcoin t-shirt.
Talking to the news channel from Singapore during the historic summit between President Trump and North Korean Leader Kim Jong Un, Rodman – one of the few people to have met both leaders – gave the cryptocurrency exposure to millions by wearing the shirt during the interview.
First released in 2014, Potcoin bills itself as an “ultra-secure digital cryptocurrency, network and banking solution for the $100 billion global legal marijuana industry,” with the goal of facilitating more efficient transactions for the industry.
With the one-of-a-kind crpytocurrency first spiking in price following Rodman’s arrival in Singapore yesterday wearing the t-shirt, the price spiked again after his appearance on TV last night.
What’s more – it seems Potcoin’s publicity stunt really paid off – with the coin’s twitter followers also soaring following the appearances, as the title graph from CryptoCompare shows.
With the green line indicating twitter followers, we can see a clear surge in numbers following the appearance, despite the ups and down of the price.
Trending strongly on Twitter, the appearance also drew some brilliant responses from the crypto-community, with many highlighting the bizarre nature of the crpytocurrency and its connection to the diplomatic proceedings – despite the fact that Rodman seems not to have been involved directly with the summit:
Little known fact about the Paris Peace Conference in 1919: David Lloyd George credited PotCoin with helping get him through the WWI talks dealing with Clemenceau and Wilson.
“It was like sitting between Napoleon and Jesus Christ. PotCoin took the edge off.” #HistoryRhymes https://t.co/wHV1E8REjB— Joe Scarborough (@JoeNBC) June 12, 2018
