Mark Cuban, the American Billionaire and owner of the basketball team Dallas Mavericks, predicts that dogecoin can reach $1 in the future.
Mark is a well-known entrepreneur and investor. His NBA franchise, the Mavericks, started accepting payments in crypto through BitPay two years ago. The basketball enthusiasts can buy tickets and purchase other merchandise using Bitcoin Cash (BCH), Gemini Dollar (GUSD), Binance USD (BUSD), Paxos Standard (PAX), and USD Coin (USDC).
BitPay facilitated the Dogecoin transaction on March 4th. This made Dallas Mavericks the first-ever merchant to accept payments in $DOGE. Mark Cuban took to Twitter on Saturday for announcing the number of purchases made by maverick fans using $DOGE. He also predicted the possibility of dogecoin hitting $1 if basketball lovers bought 6,556,000,000 DOGE worth of Mavericks merchandise.
The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!!🚀🚀🚀
— Mark Cuban (@mcuban) March 6, 2021
The Rise of Doge:
Dogecoin had its unique ‘claim to fame’ at the start of last month. Despite being created as a meme in 2013, $DOGE has shown its muscle in the crypto market. Much of this Social Media induced glory is a result of Tweets from Billionaires. The owner of Tesla, Elon Musk, had the highest contribution in pushing dogecoin’s price upwards. Elon is still bent over supporting $DOGE. He recently tweeted in favour of currency.
Doge spelled backwards is Egod
— Elon Musk (@elonmusk) March 6, 2021
The Dallas Mavericks owner has also been vocal about Doge’s potential as an economic teaching tool’ in the cryptocurrency market. Besides, he is having fun with individuals purchasing his franchise’s products using $DOGE.