An Investor Mark Cuban Responds to Dogecoin Founder’s Confession on X
Mark Cuban, a billionaire investor and co-host of Shark Tank, recently responded to a tweet by Dogecoin co-founder Billy Markus about his activity on the X social media platform. Markus created Dogecoin in 2013, a meme-based cryptocurrency that has since gained significant popularity among the crypto community. Cuban has been a long-time supporter of Dogecoin and was the former owner of the Mavericks basketball team, which accepted DOGE for tickets and merchandise.
Despite being a vocal cryptocurrency critic a few years ago, Cuban has since become an advocate for various cryptocurrencies, including Bitcoin and Ethereum. In a recent AMA session on X, Cuban confirmed that the Mavericks still accept DOGE as payment. The team has been accepting Dogecoin since 2021, making them the first sports team to accept cryptocurrency.
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Positive trolling towards shit posting trolls is never silly 😊 https://t.co/DISR3kcGkb
— Mark Cuban (@mcuban) May 5, 2024
Recently, Markus made a statement about his position on s-posting and complaining on social media, which Cuban supported. They both agreed that “positive trolling” is “never silly.” Markus was also asked about any upcoming announcements for DOGE, to which he stated that he has no plans for such announcements. Markus and Jackson Palmer withdrew from the Dogecoin project more than 10 years ago, shortly after the meme coin was launched.
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Initially, DOGE was created as a parody of Bitcoin, based on its code, and was not intended to be a serious competitor. Markus currently holds a small amount of DOGE and Bitcoin.
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Kayode Michael is a seasoned cryptocurrency analyst, successful trader, and skilled writer with a strong command of cryptocurrency analysis and price action. He leverages his technical analysis skills to provide valuable insights into emerging market trends and potential opportunities for investors to make informed decisions.