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With Elon Musk gone silent in the last two days, it seems that Mark Cuban fills the hole with some big DOGE talk on Twitter. The entrepreneur who owns Dallas Mavericks has recently been warming up to the famous crypt, and has recently confirmed that it has the potential to expand further. According to his new post, Cuba projected that the same token would “definitely” reach $1 soon.
The explanation for Cuba’s excitement is attributed, to say the least, to a spike in DOGE transactions at the merchant site of its NBA team.
Cuba has recently agreed to encourage users to pay for Dogecoin to purchase tickets and merchandise via a collaboration with BitPay. At the time, his decision felt like a business tactic. Speaking to DealBook, Cuba has admitted that it has agreed to welcome payments in DOGE “because we can, and occasionally you have to do things that are enjoyable in company.”
In his new tweet, Cuba reported that Dallas Mavericks had “done more than 20,000 Dogecoin transactions” that made them “the biggest Dogecoin merchant in the world.”
After thanking the users of crypto-basketball, the Cuban said:
“If we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, Dogecoin will DEFINITELY HIT $1 !”
However, the tweet quickly set off a chain of trolls from the likes of Nic Carter and others who did the math. Given the meme coin’s recent price, the sales that Cuban mentioned would amount to about $800 to $1000.
One Twitter user couldn’t believe the surge that Cuban predicted and said:
The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!!🚀🚀🚀
— Mark Cuban (@mcuban) March 6, 2021
Meanwhile, some asked when exactly Cuba changed the notion of DOGE being ‘just for fun’ to a positive estimate of a 1.900 per cent rise in its current price.
However, Mark Cuban answered that he was still having fun and that he had never changed his position on the token. This comment may mean that he was not serious about the token, in all likelihood, but the tweet seemed to leave a lot of room for doubt, characteristic of what follows after Elon Musk shills DOGE through his cryptic tweets.
At press time, Dogecoin was priced at $0.05 and was down by 1.9 percent in the last 24 hours.