: Matt Damon’s ‘Fortune Favors the Brave’ commercial turns one. Here’s how much you would’ve lost if you bought crypto then.

by | Oct 28, 2022 | Stock Market

Remember that Crypto.com commercial titled, “Fortune Favors The Brave” that featured movie star Matt Damon? In case you don’t, here’s a refresher. Damon did a now-infamous commercial for the cryptocurrency platform that got roasted on social media when it came out, and feelings toward it haven’t improved much in the year since the commercial originally debuted, on Oct. 28, 2021.

At the time, the crypto good times were rolling. Prices for bitcoin
BTCUSD,
-0.13%,
ether
ETHUSD,
-0.34%
and dogecoin
DOGEUSD,
+1.13%
were nearly double what they are in October 2022, and market caps for crypto-affiliated companies like Coinbase
COIN,
-0.55%
and Robinhood
HOOD,
+3.05%
were also much higher.

“And in these moments of truth, these men and women, these mere mortals — just like you and me — as they peer over the edge, they calm their minds and steel their nerves with four simple words that have been whispered by the intrepid since the time of the Romans: Fortune favors the brave,” Damon says in the ad. See also: Elon Musk’s Twitter purchase has mixed reaction online: ‘What could possibly go wrong?’ Many have been critical of the ad for …

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