Mark Cuban, an American billionaire entrepreneur and investor, described Dogecoin as the cheapest educational tool for learning about supply and demand in the marketplace.
To Report The Dogecoin has risen more than 700 percent in the past month following the support of celebrities in various fields. Mark Kuban The latest list of these celebrities. He has stated that he understands the reason for Dogecoin’s attention.
Kuban, producer of the Shark Tank program and owner of the Dallas Mavericks basketball team, tweeted Tuesday that Dogecoin is the best entertainment for your dollar budget and that investors should consider the token. “Yesterday, referring to a Forbes reporter asking about his opinion of Dogecoin and whether buying it by the public will have a negative impact on the digital currency market,” he said yesterday.
In addition to being more likely to win at the Dogecoin than the lottery ticket, the token teaches economics about the supply and demand ratio in economics and introduces them to the world of digital currencies. I really like it as a cheap economic educational tool that also has a fun aspect.
Over the past 24 hours, the Dogecoin fell about 3 percent to $ 0.07, with an average monthly growth of more than 700 percent. The price of this digital currency jumped significantly after the tweets of Tesla CEO Elon Musk. Recently, there have been regular reviews and upward comments about this digital currency on Elon Musk’s Twitter page. He also mentioned Dogecoin as the future currency of the earth in a Twitter message he posted on February 6.
Of course, Musk is not the only one who has declared his support for this token. Snoop Dogg, an American rapper and producer, and Gene Simmons, a musician, actor and a member of Kiss, have recently joined the Dogecoin fan base. Simmons recently said he believes the price of the token will increase.
We have to wait and see if Mark Kuban has become a full-fledged member of the Dogecoin pro-army and will remain a fan. The tech pioneer investor now claims to have bought a $ 5 Dogecoin just for the financial education and entertainment of his son Jake. The 11-year-old was a retail investor who also bought shares in AMC and Blackberry in January this year.