Ice Cube joined the list of people who have openly supported Dogecoin

Ice Cube, the actor-rapper, has become the latest celebrity to voice support for Dogecoin (DOGE), joining the list of those who have openly supported the meme coin, resulting in his company accepting DOGE in what could be the largest single commercial transaction using the dog-themed cryptocurrency. It demonstrates yet again how Dogecoin has managed to make its way onto the radars of those who would not have been expected to support it.

Ice Cube, the artist, has now publicly supported Dogecoin in a Twitter exchange. The rapper just made his first appearance in the meme coin community, following the introduction of his BIG3 basketball league in the metaverse. It is an NBA-style basketball game that uses three players at a time rather than the standard five-player setup used in physical games.

This basketball league had been a huge success, with numerous investors eager to get a piece of the action. One of those who wanted to participate was Bill Lee, the founder of the MyDoge wallet. Lee, who wanted to fund a basketball team, tweeted to the rapper to see if he supported DOGE. According to Lee, this was his condition for actually participating in the sale.

Not one to pass up a chance to make a deal for hundreds of thousands of dollars, Cube answered Lee: “Come on with it Bill, you know I’m down with the #DogeArmy.” The American rapper is just among the growing list of celebrities and VIPs who support the decentralized meme coin.

Having received this confirmation, Lee proceeded to acquire 25 Fire-Tiers versions of the BIG3 “Aliens.” When compared to Gold-tier editions, the Fire NFT versions provide more ownership and utility benefits. They are considerably more expensive at $25,000 per, as opposed to $5,000 for the Gold.

In the official announcement of the purchase, MyDoge creator Bill Lee had also taken time out to other NFT projects in the space, saying:

“While others are buying NFT images of apes and owls, I believe that NFTs with utility are the next frontier.  It is a dream to own a basketball team and the BIG3 is shifting the NFT game by offering ownership rights such as licensing/IP, team voting/management, and merchandising. The Doge Army and I look forward to making Dogecoin the people’s currency while helping our team hoist the championship trophy. I can’t think of a better NFT experience than that today.”

Dogecoin was created in 2013 as a joke but it has emerged as one of the most preferred crypto assets with a market capitalization of more than $17 billion. Dogecoin continues to trend low at the time of this writing. The meme coin was trading at $0.127 in the early hours of Friday before the trading day begins.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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