Meek Mill Gets Crypto Advice He's Seeking From $1M Bitcoin Rap Pioneer Money Man
Atlanta rapper Money Man made history in 2021 when he became the first artist to ever receive an album advance completely in Bitcoin from his label EMPIRE. The lyricist then dropped Blockchain last November, a dedication tape to everything crypto-related, which featured contributions from Moneybagg Yo, Jackboy and 2022 HipHopDX RisingStar BLEU.
Money Man’s invigorating money moves soon after inspired Meek Mill to follow in his footsteps. “Ima get my next record deal paid in bit coin behind @moneyman,” Meek wrote in his IG Story next to a screenshot of the $1,002,912 advance Money Man had received.
Since then, Meek has fully embraced the crypto life, even saying his next mixtape will be distributed as an exclusive NFT, but he’s admittedly still new to this life and posed a question to his Twitter followers on Thursday (February 24), which Money Man swiftly answered.
“I never been in the negative since I started this crypto, should I pull out?” Meek tweeted.
Money Man quickly replied and said, “you were suppose to stabilize your crypto a month or 2 a go before the 50 percent dip and buy back in close to the bottom.”
He added, “always take profits in crypto on some of these coins because trust me the big dawgs are taking there’s. Being greedy and thinking everything will moon. Can get you REKT.”
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Meek Mill dove into crypto as a result of label woes he experienced last October. “i haven’t get paid from music and i don’t know how much money labels make off me!!!!! i need lawyers asap!!!” he wrote in the since-deleted tweet.
He added, “Ask the record label? how much have you spent on me as a artist? then you ask how much have you made off me as a artist? i’m about to make my record deal public by monday just to let the world see what these people on!!!”
Meek has yet to reveal any further details surrounding his record label situation since the outburst.