Mark Cuban, the owner of the basketball 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.
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!!!”
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
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.
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”
Doge spelled backwards is Egod
— Elon Musk (@elonmusk) March 6, 2021
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.”
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.