Saturday, April 10, 2021

Billionaire Mark Cuban Reveals What Would Push Dogecoin (DOGE) To $1

Mark Cuban, the owner of the basket team, Dallas Mavericks, has revealed what could push the price of Dogecoin (DOGE) to $1.

In a viral tweet on 6th March 2021, the billionaire investor suggested that an increase in the daily use of DOGE could initiate another notable price trend. He also revealed that Dallas Mavericks have effected over 20,000 transactions of the digital token, making it the largest Dogecoin merchant in the world.

Read Also: Elon Musk’s Recent Dogecoin to the Moon Tweets Is Shooting up DOGE’s Price

He further proposed a wide use of the meme token within the Dallas Mavericks community to push its price to hit $1.

Mark Cuban tweeted, “The Dallas Mavericks 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 Joins Big Names to Tout Dogecoin (DOGE)

Dogecoin (DOGE) has been on the radar of many celebrities across the world, which led some of them to reveal their interest and investment in the cryptocurrency openly.

Read Also: Dogecoin Price Spikes 20% after Elon Musk Reveals He Bought DOGE for His Baby Son

Elon Musk, the famous CEO of Tesla, is still not holding back from his usual jokes with the meme token DOGE despite the speculation of the SEC’s investigation over Dogecoin’s deliberate pumps.

On 6th March, Elon Musk tweeted, “Doge spelled backwards is Egod”

Also, the popular septuagenarian crypto proponent, John McAfee, has some hours ago claimed that he started touting Dogecoin (DOGE) as far back as 2017 before Elon Musk started showcasing interest in the cryptocurrency.

According to McAfee, touting DOGE is one of the allegations leveled against him in his current legal tussle with the Feds.

John McAfee tweeted, “Much of the new allegations from the Feds are about my “coin of the day”. For a few days in 2017 I chose coins I believed had value. One of them was Doge – now being touted years later by Elon Musk. The coin has increased well over 1000% since I chose it. Not a pump and dump.”

Read Also: Gemini’s Cameron Winklevoss: Dogecoin (DOGE) Is a Protest

Recall that John McAfee was indicted a few days ago from the United States Department of Justice (DOJ) for various criminal offenses, such as his alleged involvement in pump and dump schemes known as the “Coin of the Day” campaign.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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