Mark Cuban, owner of the Dallas Mavericks, decided to support the popular altcoin Dogecoin (DOGE). Mark Cuban says the NBA team is now accepting Dogecoin (DOGE) as payment.
Mark Cuban adds the following to his comments on the subject:
Mavericks decided to accept dogecoin as payment for mavs tickets and products for a very important, earth-shattering reason, because we can! We chose to do this because we can. We chose to do this because sometimes you need to do things in business that are fun, interesting, and hopefully create a lot of PR. So we will buy Dogecoin today, tomorrow and possibly forever.
Celebrities like Elon Musk and Snoop Dog support Dogecoin
Dogecoin was launched in 2013 as a joke coin. However, this year, interest in cryptocurrency has increased, with celebrities such as billionaire Elon Musk and Snoop Dog supporting altcoin via Twitter. In February, Mark Cuban tweeted that he bought Dogecoin to teach his 11-year-old son to invest. Cryptocurrency is currently the 14th largest cryptocurrency by market cap.
Mavs is one of the early adopters of cryptocurrency. The team started accepting Bitcoin (BTC) in May 2019. To date, Bitcoin, Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC), Gemini Dollar (GUSD), Paxos Standard (PAX), Binance USD (BUSD) and now DOGE are supported. Bitpay, the cryptocurrency payment service provider, will process Mavericks' Dogecoin transactions.
Which altcoins are in Mark Cuban's portfolio?
Famous billionaire Mark Cuban is known for his harsh criticism of Bitcoin. However, it turned out that Mark Cuban recently invested in cryptocurrencies. As we previously reported as Kriptokoin.com, there are several cryptocurrencies where Mark Cuban actually has a capital of $ 100 or more. These; Aave, Hex, Serum (SRM) and Rari Governance Token (RGT).
In addition, the famous billionaire has the following crypto coins in his wallet; CyperFi Token (CFI), Unilayer (LAYER), Growth (GRO), BOND (BOND), Open Governance Token (OPEN), Trace (TRAC), MASQ (MASQ), Hypno (HYP), HYVE (HYVE), Reserve Rights (RSR), BRADS (BRDS), YTHO (YTHO), Badger (BADGER). Finally, the billionaire's move towards Dogecoin has delighted crypto investors.