Billionaire Mark Cuban and his basketball workforce – the Dallas Mavericks – have just launched a “Cryptomania” campaign with the aim of escalating the reputation of cryptocurrencies, specifically for Dogecoin (DOGE).
![](https://coinlive.me/wp-content/uploads/2021/08/Billionaire-Mark-Cuban-launches-Dogemania-campaign-to-boost-Dogecoins-popularity.jpeg)
The Dallas Mavericks, the skilled basketball workforce owned by billionaire Mark Cuban, are providing away electronic present cards to cryptocurrency supporters as portion of their newly launched “Cryptomania” campaign.
You know you want it, https://t.co/VUydpLFzGh is prepared for you. AND #Dogemania ! pic.twitter.com/aSpraDOmCe
– Mark Cuban (@mcuban) August 27, 2021
Notably, anybody who spends $ 150 or much more on an purchase at Mavericks in 1 of the supported cryptocurrencies can get up to $ 25 in cashback. The campaign is anticipated to final until eventually the finish of the yr.
In early March 2021, the Dallas Mavericks grew to become the very first NBA basketball workforce to accept Dogecoin (DOGE) as a payment system. As a consequence, you can acquire workforce tickets or souvenirs with this meme coin.
In the previous, this basketball workforce has also pioneered the NBA to accept Bitcoin. In April 2020, Mark Cuban uncovered that the Dallas Mavericks had only amassed $ 130 in Bitcoin.
“We’re taking Bitcoin now – please buy everything with Bitcoin. I’m okay with that, right? I think we brought $ 130. That’s all the Bitcoins I own right now.” – A statement from Mark Cuban in the previous
In the wake of the cryptocurrency market place boom in early 2021, billionaire Mark Cuban has radically modified his stance on Bitcoin and the business as a full. Once a skeptic, Cuban even explained he’d rather very own bananas than Bitcoin. However, the billionaire inevitably turned 180 degrees and predicted that BTC will surpass gold in early April this yr:
“The younger generations will trust Bitcoin because gold itself has no use. What is gold for? It is useless.”
Dogecoin is the strongest cryptocurrency
The proprietor of the Dallas Mavericks basketball workforce when claimed Dogecoin is the strongest cryptocurrency thanks to its neighborhood. This is also a statement that resonates no significantly less than Elon Musk’s statements.
In early August 2021, the Dallas Mavericks also announced that these who shell out with DOGE will get a particular low cost. This is a specifically favorable move aimed at more driving meme coin adoption.
However, Cuban isn’t going to seem to be to have place his cash anyplace. In mid-August, he faced neighborhood backlash just after tweeting that the sum of cash he was investing on “hodl” cryptocurrency was significantly less than $ 500. And 1 point is clear, this is just a transform for a billionaire like Cuban.
In June of this yr, Cuban was also targeted just after the DeFi token he promoted was subjected to a “carpet throw” that returned its worth to zero.
Synthetic currency 68
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