DOGE Can Hit $1, Mark Cuban Predicts - AutoTrading Strategies

Trading News

Read The Latest News & Analysis

DOGE Can Hit $1, Mark Cuban Predicts

Mark Cuban
Share on:

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 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.


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.

Recent News

crypto market

Dogecoin is Everywhere on Dogeday

People bought dogecoin as a joke They are now getting returns in both hands Dogecoin is consistently on the rise ahead of Dogeday  Dogecoin is everywhere, thanks to the

crypto market

Britcoin: UK Government Considers Launching Digital Currencies

UK government is exploring the arena of digital currencies The country is considering the launch of digital currency, which the chancellor of the exchequer touted as

crypto market

What Stands in the Way of Crypto Mainstreaming?

Coinbase listing had all the vibes of crypto mainstreaming However, the ground reality suggests that crypto has a long way to go for solidifying its position as a mainstream

crypto market

Bitcoin Market Went From 59,000 to 52,000 in Minutes

Bitcoin market nosedived on April 18th after news of hash rate crash and rumour of  US treasury's impending action against financial institutions involved in money laundering

Let's Chat
Facebook
Twitter
Instagram
Pinterest