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Home / Business / Mark Cuban thinks that Dogecoin ($DOGE) may rise to $1, but will it rise to $10?

Mark Cuban thinks that Dogecoin ($DOGE) may rise to $1, but will it rise to $10?



On March 6, billionaire investor Mark Cuban said on Twitter that he is expected to see a way for the price of the meme cryptocurrency Dogecoin (DOGE) to rise to $1. Now, a financial research company says the price may even reach $10.

The Cuban is the main owner of the professional basketball team Dallas Mavericks and one of the “Sharks” in the most popular reality show “Shark Tank” (broadcast on the ABC television network).

Throughout 2021, two billionaires, Elon Musk and Mark Cuban, helped the Dogecoin price increase by 1100% (from $0.0047 to $0.0568) through conversations. The market value reached 7.3 billion US dollars (in terms of market value, DOGE is currently the 17th most valuable crypto asset by market value). On many occasions, it explains why they like this crypto asset.

On February 8th, he revealed what he said in a Forbes report recently asking him about Dogecoin and whether its popularity among retail investors is a bad thing.

On March 4, the encrypted payment processor BitPay announced that it has begun to allow merchants to accept Dogecoin for payment. The Dallas Mavericks will be the first to accept Dogecoin.

Two days later, the Cuban was happy to see Dogecoin holders everywhere. He said that his NBA team has paid for more than 20,000 orders with Dogecoin, and if they manage to sell another 6.55 billion DOGE worth of goods, then Dogecoin The price may reach $1

.

Well, on Friday (April 2), the independent financial research company InvestorPlace published an article titled “Inflation and Influencers: How Investors Send Dogecoin to $10”.

The report first stated:



Featured image "9685995" via Pixabay.com

The views and opinions expressed by the author or any person in the embedded video are for reference only and do not constitute financial, investment or other advice. There is a risk of financial loss when investing or trading crypto assets.



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