Such Doge, Not Much Wow! Mark Cuban ‘Making A Mistake’ With Dogecoin Payments, Says Long-Time Crypto Bull

Such Doge, Not Much Wow! Mark Cuban 'Making A Mistake' With Dogecoin Payments, Says Long-Time Crypto Bull


Dallas Mavericks owner Mark Cuban is misinterpreted in letting individuals spend for their tickets with Dogecoin (CRYPTO: DOGE), according to previous hedge fund supervisor Michael Novogratz, Bloomberg reported Thursday.

What Happened: In an interview with Bloomberg, theGalaxy Digital Holdings Ltd ( OTC: BRPHF) CEO had a message forCuban “Let’s put people in the safest best stuff, not these joke coins.”

“I think Mark’s making a mistake there. He’d be better off with 15 other different ways to pay for his tickets,” Novogratz included.

While Novogratz is bullish on Bitcoin (CRYPTO: BTC), he does not share the exact same interest for DOGE and exposed he has actually earned money by wagering versus the joke cryptocurrency.

See likewise: How to Buy Dogecoin (DOGE)

Novogratz stated that the “existential threat” of BTC not being genuine has actually passed and indicated the increased institutional interest in the pinnacle cryptocurrency as a factor for a reprice.

Why It Matters: Cuban stated Thursday that Mavericks would accept DOGE for tickets and product The “Shark Tank” popularity financier had actually stated in February that the Shiba-Inu- themed coin was “not a bad look” for cryptocurrencies.

Novogratz informed Bloomberg that if the BTC cost does not strike $100,000 this year, as he has forecasted, it will do so in the list below year.

See Also: Analyst Who Predicted,000 Bitcoin Sees Key Metric Indicating ‘March To 0,000’

Novogratz was likewise favorable on other cryptocurrencies such as Decentralized Finance coins and Terra Price (CRYPTO: LUNA).

BTC traded 5.22% lower at $47,126.30 at press time, while LUNA traded 0.04% greater at $7.34.

Cuban too is favorable on DeFi jobs and exposed last month that he owned Aave (CRYPTO: AAVE), which became the biggest DeFi job based upon the Ethereum (CRYPTO: ETH) blockchain.

Photo by Dogeloverforever on Wikimedia

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