Just three days after announcing Dogecoin (DOGE) as the payment medium for the purchase of Dallas Maverick merchandise and tickets, Mark Cuban predicted the price of the token would reach $ 1.
Cuban in his tweet yesterday revealed the transaction for the basketball team saw more than 20,000 Dogecoin (around $ 10,400 at the time of writing).
The figure also claimed his franchise is now the largest Dogecoin retailer in the world.
Clearly Cuban, if Dallas Maverick fans continue to transact in Dogecoin, buying Maverick merchandise at a value of 6,556,000,000 DOGE, Cuban is confident the price of the token could soar to reach $ 1.
For the record, the basketball team began accepting crypto as a payment medium for tickets and merchandise two years ago with the first, Bitcoin (BTC). In addition, fans can also pay using Bitcoin Cash (BCH), USD Coin (USDC), Gemini Dollar (GUSD), Paxos Standard (PAX) and Binance USD (BUSD).
DOGE’s luck driven by a dumping of tweets by Tesla founder Elon Musk brought the token’s price soaring from $ 0.01 in January to an all -time high (ATH), $ 0.078.
At the time of writing, the DOGE price is trading at $ 0.053, up 7.31% in 24 hours. This also means, DOGE needs a jump of around 1.864% to reach the value of $ 1.
