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American billionaire Mark Cuban has again come out in support of Dogecoin (DOGE). In his Twitter account, he wrote that this cryptocurrency is good as a means of payment, and also that it is better than a lottery ticket. In addition, the entrepreneur said he did not consider Bitcoin (BTC) to be a reliable inflation protection.
The owner of the National Basketball Association (NBA), the Dallas Mavericks, wrote another tweet in support of Dogecoin on January 11, commenting on the statement of the podcaster Preston Pisham from Pennsylvania. Kuban’s opponent believes the billionaire is over-advertising DOGE.
Experts noted that against the background of the entrepreneur’s statement, there was a surge in investor interest in the meme currency, while the price of the token fell slightly. At 11:44 (Moscow time) on January 11, Dogecoin was worth $ 0.14, having fallen in price by 4.33% per day. The trading volume in 24 hours amounted to $ 830.38 million, which is 120% higher than the day before. Capitalization – 19.15 billion. In the Crypto.ru cryptocurrency rating, the digital asset takes the 14th place.
The dispute between an NBA club owner and a podcaster broke out for the first time back in October 2021 live on Twitter Spaces. Then Cuban announced strong opposition that the Bitcoin maximalist community began to show him. The entrepreneur stressed that he will continue to talk about the meme token, and will also continue to declare the superiority of this coin over bitcoin.
Cuban was supported by Dogecoin co-founder Billy Markus, who said that he was annoyed by the situation when “keyboard warriors” who did not understand anything about the economy began to distort the words of other people.
Earlier, the issuer of the Dogecoin Foundation token announced the release of a roadmap, in which it outlined the project’s plans for 2022. In particular, the developers intend to focus on the issue of decentralization in order to transfer more authority to the DOGE community.
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