Kevin Costner is one of the biggest Hollywood celebrities of his generation. During his four-decade-long career, Kevin Costner starred in a ton of blockbuster movies and amassed a small fortune—according to the latest data, – he is worth around $250 million.
Some of his best-known movies include titles like Dances with Wolves, Field of Dreams, A Perfect World, JFK, and many others. Nowadays, Costner is even conquering the small screens with his epic portrayal of John Dutton in Yellowstone, a drama series created by Taylor Sheridan and John Linson.
Of course, with a reputation like that, it’s no surprise that Kevin Costner’s name is a brand in itself and that you can buy pretty much anything related to the star. We’re talking mugs, shirts, stickers, jackets, greeting cards, pillows, you name it.
However, did you know you can even buy a token named after Kevin Costner?
What is KEV Token and What Can You Do With It
KEV token is a digital asset built on blockchain technology. The token was listed on November 12, 2021, but there is no information on exactly who launched the token. Moreover, there is no official news that Kevin Costner requested a coin in his name or that he even dabbles in crypto in the first place, so it’s safe to assume that the KEV token is fan-made.
Of course, that hardly comes as a surprise since there are plenty of other fun or meme tokens on the market, such as Dogecoin, Shiba Inu, Samoyedcoin, and many others.
Regardless of who launched it, the KEV token works just like every other popular coin, such as Bitcoin, Ethereum and Ripple, to name a few. You can buy, sell, and trade it, or use it to buy goods as long as the merchant accepts payments in the KEV token.
However, even though cryptocurrencies are most often used for online gambling, no crypto casino accepts payments in KEV tokens.
The good news? There are plenty of other coins you can use for online gambling. If you are set on gambling using cryptocurrency, websites that specialize in reviewing crypto casinos, like CasinosBlockchain, have a list of the best crypto casinos in the industry, and will also show you what casino accepts which coin.
The Best Way to Use KEV Token
Despite Kevin Costner’s popularity, the KEV token didn’t have much success, and it never became as adopted as other coins. According to Bit Times, there are seven major holders of the KEV token, each one holding more than 12 KEV.
Unfortunately, based on the same data, the trading volume of the KEV token was $0.00 in the last week, and with nobody really trading the token or using it, it’s more than likely that the value of the coin depreciated significantly over time.
In other words, you may struggle to find a retailer that accepts payments in KEV tokens.
Still, in case you do manage to get a hold of a few KEV tokens by some miracle, you can still put the KEV token to good use. In fact, the best way to use KEV tokens is to simply do what most people do with cryptocurrencies—hold your coins and hope they increase in value over time so that you can make a profit.
After that, you can trade your KEV tokens for a different token or simply cash out and get fiat currency instead.
Of course, make sure to do your own research before you try and buy a KEV coin, or any other coin, for that matter. Cryptocurrencies can be highly volatile, especially when it comes to meme coins—their price rises and drops much faster than any other cryptocurrency, so investing in a meme coin is a double-edged sword.
Granted, while you can quickly make a hefty profit from investing in a meme coin, you can also just as easily lose your entire investment. Therefore, be diligent in your research and always use your best judgment before investing in any coin.
The Wrap Up
Coins like the KEV token are an excellent way to step into the world of cryptocurrencies and cryptocurrency trading. They generally have a big market cap with thousands, if not millions, of coins that are extremely cheap to purchase, allowing you to buy a handful of coins and get a general idea of how cryptocurrencies and crypto trading works.
Granted, while the KEV token wouldn’t necessarily be our first pick, owning a few KEV coins can be quite fun, especially if you are a fan of the actor. That way, you can brag to your friends how you own a few coins approved by Lieutenant John Dunbar himself.