Mark Cuban HODLing DOGE for Life, Reports a 550% in Dogecoin Payments for Mavs Merch
The meme coin has rallied to $0.15, 2,235% this year, so far to become a $16.6 billion market cap coin. But the latest pump in DOGE price is without the influence of Tesla CEO Elon Musk’s tweets.
The crypto market enjoys a bull rally in preparation for the Coinbase listing on Nasdaq bringing a bigger crowd into the industry. The largest crypto exchange in the US is scheduled to go public through direct listing today.
This week, the market went into the bull mode, with Bitcoin (BTC) hitting a new all-time high just shy of $65,000 while Ether (ETH) hit $2,400, pushing the total crypto market cap past $2.2 trillion. BTC 5.25% Bitcoin / USD BTCUSD $ 50,691.59
$2,661.315.25% Volume 60.27 b Change $2,661.31 Open $50,691.59 Circulating 18.71 m Market Cap 948.44 b 13 min Square CFO: “No Plans” to Buy More Bitcoin At This Time After Losing $20M Due to Price Drop 2 h Ether Flippining Bitcoin a Real Possibility But What’s the Caveat 2 h Samsung Updates Galaxy Smartphones With New Support for Crypto Hardware Wallets ETH 12.21% Ethereum / USD ETHUSD $ 4,120.40
$503.1012.21% Volume 52.44 b Change $503.10 Open $4,120.40 Circulating 115.87 m Market Cap 477.44 b 13 min Square CFO: “No Plans” to Buy More Bitcoin At This Time After Losing $20M Due to Price Drop 2 h Ether Flippining Bitcoin a Real Possibility But What’s the Caveat 2 h Samsung Updates Galaxy Smartphones With New Support for Crypto Hardware Wallets
Other big gainers in the market include XRP, VeChain (VET), Tron (TRX), and ThorChain (RUNE). XRP 10.66% XRP / USD XRPUSD $ 1.41
$0.1510.66% Volume 8.24 b Change $0.15 Open $1.41 Circulating 35.11 b Market Cap 49.45 b 3 h Southeast Asia’s Largest Bank, DBS Starts Offering Trust Services for Cryptocurrencies 1 d MoneyGram Teams Up With Coinme to Make It Easier to Buy Bitcoin and Cash Out In The US 3 d Positive Momentum for Ethereum Continues with Another $60 Million in Inflows: CoinShares Report VET 9.28% VeChain / USD VETUSD $ 0.19
$0.029.28% Volume 2 b Change $0.02 Open $0.19 Circulating 64.32 b Market Cap 12.18 b 1 w Cryptocurrency Related Stocks Tumbling in a Massive Divergence from Crypto Assets 1 mon Mark Cuban HODLing DOGE for Life, Reports a 550% in Dogecoin Payments for Mavs Merch 1 mon Solana (SOL) is 'Uniquely Positioned' to Snatch Market Share from Ethereum & ETH Killers, says VC TRX 8.61% TRON / USD TRXUSD $ 0.13
$0.018.61% Volume 3.65 b Change $0.01 Open $0.13 Circulating 71.66 b Market Cap 9.02 b 2 h Samsung Updates Galaxy Smartphones With New Support for Crypto Hardware Wallets 1 w Due to Increased Demand, Social Trading Platform Firm eToro Now Supports DOGE 2 w USDT Supply on Tron Surpasses Ethereum as Tether Hits $50 Bln in Market Cap RUNE 12.32% THORChain / USD RUNEUSD $ 18.87
$2.3212.32% Volume 139.48 m Change $2.32 Open $18.87 Circulating 239.94 m Market Cap 4.53 b 1 w Cryptocurrency Related Stocks Tumbling in a Massive Divergence from Crypto Assets 3 w Crypto Market Is Recovering Beautifully, Double-Digit Gains Recorded 1 mon Mark Cuban HODLing DOGE for Life, Reports a 550% in Dogecoin Payments for Mavs Merch
However, it is Dogecoin (DOGE) that is shining with its more than 80% gains in the past 24 hours to go as high as $0.15.
As of writing, DOGE is trading around $0.135, up 126% in the past week and a whopping 2,235% this year, so far, to become a $16.6 billion market cap coin.
What is interesting about this latest rally is that unlike all the previous upticks this year, this one isn't driven by Tesla CEO Elon Musk’s tweets but has been moving up on the retail mania.
— Elon Musk (@elonmusk) April 14, 2021
Commenting on this strong move, the billionaire owner of Dallas Mavericks Mark Cuban said, they are going to HODL this meme coin to the moon.
“We will never sell 1 single Doge ever. So keep buying,” he said.
Cuban further revealed that the American professional basketball team had seen an increase of 550% in DOGE payments for its merch.
“The Mavs sales in dogecoin have increased 550pct over the past month. We have now sold more than 122k Doge in merchandise,” he said.
It was only early last month that Mavs announced that they would accept DOGE for tickets and merch through BitPay. “An early adopter of cryptocurrency, the Dallas Mavericks will be the first to accept Dogecoin,” they said at the time.