American billionaire and avid Dogecoin (DOGE) promoter Mark Cuban introduced in a tweet that he owns Dogecoins worth US $ 494 – and known as DOGECOIN “the strongest when it comes to making money”.

Mark Cuban says he owns $ 494 worth of Dogecoins

Cuban, proprietor of America’s skilled basketball membership Dallas Mavericks, praised the DOGE group, calling it “the strongest,” including that the coin can be utilized “to buy goods and services,” in keeping with CNBC.

In response to CNBC’s tweet on the topic, Tesla CEO Elon Musk replied, “I’ve been saying this for a while.”

However, followers have accused the 2 of “pulling the carpet” as many say they misplaced their funding when DOGE fell from all-time highs to present costs regardless of the reward.

In addition, Cuban introduced final Friday that the membership could be holding a summer time sale of merchandise at particular costs for many who pay with DOGE.

In a later Twitter chat in regards to the professionals and cons of utilizing Dogecoin, he stated that “imperfections and simplicity are the coin’s strongest points. You can only use it for 2 things: Spend or HODL It. Both are easy to understand. ”He additionally introduces the advantages of DOGE as a enjoyable, easy-to-join group.

When requested about his private portfolio and whether or not he owns lots of DOGE or Bitcoin (BTC), nonetheless, he replied, “Personally, I own DOGE worth $ 494.”

There was a downright unfavorable response to Kuban’s response when many individuals requested why he did not “do what he said” as many in the neighborhood have invested immediately within the property as a result of of his success.

Cuban beforehand said that 60% of its crypto portfolio is in BTC, 30% in Ethereum (ETH) and the remaining 10% is in different unspecified crypto property.

This doesn’t negatively influence the DOGE price, nonetheless, because the coin is the second finest performer within the prime 10 by market capitalization in the present day (at 13:30 UTC) (at 13:30 UTC), up 13.5%. It trades at round $ 0.34. Overall, it elevated 40% in every week and 90% in a month.

According to information aggregator CoinGecko, the coin hit an all-time excessive of $ 0.73 in May 2021, largely due to Cuban billionaire Elon Musk.

Join our Facebook group and Telegram group Coincu News to talk with greater than 10,000 different individuals and share details about the crypto forex market.

Important NOTE: All content material on the web site is for informational functions solely and doesn’t represent funding recommendation. Your cash, the selection is yours.