On Wednesday (April 14), within hours of Dogecoin ($DOGE) breaking $0.1200 to set a new all-time high, billionaire investor and entrepreneur Mark Cuban voiced strong support for the world’s favorite meme cryptocurrency.
Data from TradingView indicates that, on crypto exchange FTX, at 01:07 UTC, Dogecoin broke though the $0.1200 level and by 01:10 UTC it reached $0.1209, setting a new all-time high.
Currently (as of 05:45 UTC on April 14), Dogecoin is trading around $0.1163, which means that it is up 58.44% in the past 24-hour period. So far in 2021, Dogecoin is up 1976.78% vs USD.
As for Mark Cuban, the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network), his latest comments about Dogecoin just hours after Dogecoin had broken through the $0.1200 level.
Throughout 2021, two billionaires — Elon Musk and Mark Cuban — have supported Dogecoin by talking, on numerous occasions, about why they like this cryptoasset.
On February 8, revealed what he had said when a Forbes reported had recently asked him about Dogecoin and whether its popularity with retail investors is a bad thing.
On March 4, crypto payment processor BitPay announced that it had started allowing merchants to accept Dogecoin for payments, and that the Dallas Mavericks would be the first to accept Dogecoin.
Two days later, Cuban delighted Dogecoin holders everywhere when he said that his NBA team had had more than 20,000 orders paid for with Dogecoin and that if they managed to sell another 6.55 billion DOGE worth of merchandise, the Dogecoin price could reach $1.
Well, earlier today, Cuban provided an update on how much Mavs merchandise had been paid for with Dogecoin and revealed that his NBA team planned to HODL Dogecoin:
Featured Image by “9685955” via Pixabay.com
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a high risk of financial loss.