Lindsay Lohan set to auction collectibles via a Tron-based NTF platform

By: Jinia Shawdagor
Jinia Shawdagor
Jinia is a cryptocurrency and blockchain enthusiast based in Sweden. She loves everything positive, travelling, and extracting joy and… read more.
on Mar 20, 2021
  • Allegedly, Lohan chose Tron over Ethereum because its low costs make it a suitable fit for NFTs.
  • Per Lohan, NFTs have played a significant role in helping Hollywood join the crypto space.
  • Lohan predicted that BTC and ETH would hit £71,770 and £7,177 respectively.

Renowned American actress, singer, artist, and entrepreneur, Lindsay Lohan, intends to auction her exclusive non-fungible tokens (NFT) through a Tron-based platform. A report unveiled this news on March 19, noting that the Hollywood star is set to conduct the auction on March 20. Reportedly, Lohan chose Tron over Ethereum because it facilitates the minting, trading, and auctioning of NFTs at low costs, making it a natural fit for NFTs.

According to the report, Lohan’s excitement over the launch of her NFT and working with Tron’s founder Justin Sun saw her promise to join a Clubhouse session. T-Mobile’s head, John Legere, also participated in the session, which covered her artwork’s launch and shared more information with the audience on NFTs.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

Commenting on unlocking this achievement, Lohan said both Hollywood and the music space have started waking up to crypto. According to her, NFTs have played a significant part in facilitating this change in sentiment.

Diving headfirst into crypto

Lohan is fairly new in the crypto scene seeing as her first mention of the industry was in January this year. At the time, she recorded a video predicting that BTC would surge past £71,770 and that ETH would record enough gains to surpass £7,177. Since then, her crypto fire has not burned out, seeing as she went ahead to tout Tron as a DeFi network over other competing networks.

In a February 11 tweet, Lohan said,

Exploring #DeFi and already liking $JST, $SUN on $TRX. Super fast and 0 fee. Good job @justinsuntron.

In response, Sun welcomed her to the Tron community asking her to share her TRX address so that he can share some TRX. 

However, Lohan’s tweet did not have the anticipated effect on Twitter’s crypto community. Instead, crypto enthusiasts on Twitter bashed her, saying that that Sun had bought her off.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
67% of retail CFD accounts lose money