Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the “strongest” cryptocurrency when it comes to utilizing it as a method of payment. To advertise the usage of dogecoin additional, the NBA workforce Dallas Mavericks will likely be offering “special pricing for those who pay with dogecoin.”
Elon Musk Agrees With Mark Cuban That Dogecoin Is the ‘Strongest’ Medium-of-Exchange Crypto
Tesla and SpaceX CEO Elon Musk and the billionaire owner of the NBA workforce Dallas Mavericks, Mark Cuban, have affirmed their belief that the meme cryptocurrency dogecoin is the “strongest” cryptocurrency in relation to paying for goods and companies.
Cuban touted DOGE in an interview with CNBC Makes It on Friday. Noting that dogecoin is “a medium that can be utilized for the acquisition of products and companies,” he stated:
The community for doge is the strongest in relation to utilizing it as a medium of exchange.
Replying to Cuban’s comment about dogecoin, Musk, who is usually often known as the Dogefather, tweeted: “I’ve been saying this for a while.”
In July, Musk reaffirmed his assist for dogecoin by changing his profile image to incorporate a picture of the Shiba Inu dog that represents Doge. The Tesla technoking recently confirmed that he owns and won’t promote his dogecoin. His baby son additionally owns some DOGE. Furthermore, Musk has additionally been pushing for Doge enhancements.
Cuban’s Mavericks began accepting dogecoin in March. Since then, the Shark Tank star has revealed that “substantial gross sales” have been made with DOGE. He even urged common talk show host Ellen Degeneres to accept it at her store.
To encourage the usage of dogecoin for funds additional, Cuban tweeted Thursday that the Mavericks will make a particular announcement about dogecoin. He called it “a summer merch sale with particular pricing for individuals who pay with dogecoin.
Some individuals disagree with Cuban and Musk on the benefit of dogecoin, emphasizing that the meme crypto has an infinite provide. Nevertheless, the infinite provide argument didn’t reduce Cuban’s enthusiasm for Doge.
Cuban’s co-star on Shark Tank, Kevin O’Leary, however, is among those that will not be so eager on the meme cryptocurrency. He just lately stated he wouldn’t put money into dogecoin. “I don’t understand why anybody would.” O’Leary added: “If you speculate on one thing like dogecoin, that’s no completely different than going to Las Vegas and placing your cash on red or black. It’s pure hypothesis.”
The latest survey by Finder confirmed that a panel of specialists count on the price of dogecoin to hit $1.21 by 2025 and $3.60 by 2030.