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Mark Cuban Affirms Dallas Mavericks' Adoption of Dogecoin and Supports NFTs with Practical Applications

Mark Cuban Affirms Dallas Mavericks’ Adoption of Dogecoin and Supports NFTs with Practical Applications

Mark Cuban Affirms Dallas Mavericks’ Acceptance of Dogecoin

In his recent Ask Me Anything (AMA) session, Mark Cuban reiterated that the Dallas Mavericks still accept Dogecoin as a form of payment. The billionaire businessman and Shark Tank star engaged with his followers on X, formerly Twitter, discussing various topics including cryptocurrencies and decentralized finance (DeFi).

Dallas Mavericks’ Support for Dogecoin

When asked if the Dallas Mavericks still accept Dogecoin, Cuban confirmed that the company’s stance remains unchanged. Since 2021, the NBA team has incorporated Dogecoin, allowing fans to purchase tickets and merchandise using the popular meme-based cryptocurrency.

Cuban’s Views on Cryptocurrencies

Cuban also shared his thoughts on other cryptocurrencies during the AMA session. He expressed interest in assets like Polygon and Injective, stating that he is an investor in both. Additionally, he emphasized the importance of non-fungible tokens (NFTs) for collection purposes rather than speculation.

Dogecoin’s Performance

Despite the renewed attention and support from Cuban, Dogecoin’s price continues to decline. At the time of writing, DOGE stands at $0.079, representing a 2.5% drop in the past 24 hours and a 12% decline in the past 30 days.

Hot Take: Mark Cuban Supports Real-Use Case NFTs

Mark Cuban reaffirmed his belief in real-use case NFTs during his AMA session. He advised users to acquire NFTs for collection purposes or practical use rather than speculative investment. While he remains a passive investor in digital assets like NFTs, Cuban expressed optimism about their potential beyond collectibles.

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Mark Cuban Affirms Dallas Mavericks' Adoption of Dogecoin and Supports NFTs with Practical Applications