Dogecoin (DOGE) is traded at US$ 0.32 this Sunday afternoon (15), up 14% in the last 24 hours, according to data from CoinMarketCap. The cryptocurrency meme gained new life after the publication of tweets from Mark Cuban, the famous host of the Shark Tank show, and Elon Musk, CEO of Tesla and SpaceX. Today, in response to a user, Cuban said that he accepts cryptocurrency as payment in his companies. “We allow people to pay in any cryptocurrency, but 95% of sales are in DOGE. Customers choose to use DOGE. We can argue that anything and everything refers to the BTC, but now DOGE is the way people pay”.
I don't shill Doge. I shill the products & services of my companies. Where we allow people to pay in ANY crypto, 95% of the sales are in DOGE. Customers CHOOSE to use DOGE. We can argue everything and anything re BTC, but right now DOGE is the people's way to pay. #DOGEFACTS https://t.co/59HbSIWh8w— Mark Cuban (@mcuban) August 15, 2022
In other tweets throughout the day, Cuban also said the digital asset is cheap, easy to use and simple to hold in your wallet. He also said that investing in crypto is fun because of its community. “The point about DOGE that people don't realize is that DOGE's imperfections and simplicity are its greatest strengths. You can only use it to do 2 things: spend or save. Both are easy to understand. And it's cheap to buy. Which makes it a community where anyone can participate and enjoy.”
The point about DOGE that people miss is that DOGE's imperfections and simplicity are it's greatest strengths. You can only use it to do 2 things: Spend It or HODL It. Both are easy to understand. And it's cheap to buy. Which makes it a community anyone can join and enjoy.— Mark Cuban (@mcuban) August 15, 2022
On Friday (13), in an interview with the CNBC website, Cuban had already praised the cryptocurrency meme. In conversation with the vehicle, he said that Dogecoin is the 'strongest' currency as a means of exchange. This is where Musk enters the story. On Saturday (14), the CEO of Tesla and SpaceX commented on the article's tweet, saying that he has been making the same statement as Cuban for a long time.
I've been saying this for a while— Elon Musk (@elonmusk) August 14, 2022
Musk, as he is known in the crypto market, is one of DOGE's main poster boys and has maintained a 'love relationship' with cryptocurrency since 2019, when he was chosen by the digital asset community as its new leader.