Prominent stock picker Jim Cramer told CNBC viewers Wednesday about selling half of his Ethereum stash.
The long-time “Mad Money” host bought a brand-new Hummer after cashing out part of his holdings:
I sold half my Ethereum yesterday…and I put some money down to own a Hummer.
Cramer, who claimed to hold a lot of Ether, took profits after the largest altcoin skyrocketed to a new all-time high of $3,530 on May 4.
In mid-April, the stock guru also sold half of his Bitcoin stash to pay for his mortgage. Ethereum has vastly outperformed the flagship cryptocurrency this year, soaring by a whopping 367 percent.
Throwing cold water on Dogecoin
Despite buying into the two largest cryptocurrencies, Cramer holds a not-so-favorable view of Dogecoin, which has now become the embodiment of crypto fever.
As reported by U.Today, the superstar anchor claimed that he was a seller of DOGE:
Sorry, I’m not gonna do that one. I’m a seller of Dogecoin.