After accepting it as a form of payment, Mark Cuban, owner of Dallas Mavericks, is predicting the price of Dogecoin (DOGE) to eventually hit $1.
March 8, 2021 | AtoZ Markets – Just three days after accepting Dogecoin (DOGE) as a payment method, Dallas Mavericks owner Mark Cuban announced that he thinks the price of the coin will eventually see $1.
Cuban posted on Saturday that customers used more than 20,000 Dogecoins to buy Dallas Mavericks products (its value exceeds $1,018 at the time of writing) and that the company is “the world’s largest seller of Dogecoin”.
Mark Cuban’s Dogecoin Price Prediction
According to billionaire’s prediction, if Dallas Mavericks fans purchase products using another 6,556,000,000 DOGE, the token price will definitely see $1.
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
Mavericks was one of the first NBA teams to accept crypto for ticket and product payments. The team started accepting Bitcoin (BTC) payments two years ago through wallet company BitPay. Mavericks fans can also pay with Bitcoin Cash (BCH), USD Coin (USDC), Gemini Dollar (GUSD), Paxos Standard (PAX) and Binance USD (BUSD).
Born as an internet joke, DOGE has grown tremendously in recent months, thanks to billionaires such as Cuban and Tesla CEO Elon Musk. Musk’s posts triggered the token price to jump from $0.01 to $0.078 in January. DOGE is trading at $0.0509 as of the time of translation publication. So, to reach $1, it needs to increase by 1,864%.
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