Dogecoin Price Prediction – Mark Cuban Stands By Dogecoin! Dallas Mavericks Still Accepts Dogecoin

Mark Cuban confirmed that the Dallas Mavericks continue to accept Dogecoin (DOGE) for ticket and merchandise purchases. This confirmation came during an Ask Me Anything (AMA) session, where Cuban addressed questions regarding the team’s stance on the meme-based cryptocurrency. The Mavericks initially adopted Dogecoin as a payment method in March 2021, marking their entry into the integration of digital currencies in mainstream transactions. Despite selling a majority stake in the Mavericks, Cuban remains involved in the team’s cryptocurrency initiatives and continues to support the use of Dogecoin for transactions related to the team

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Okay so check this out article came out from coin gape okay check this out here it is you guys can see a day ago that Mark Cuban confirms that the Mavericks which is a NBA basketball team in Dallas still accepts do coin as payment then they’re going to ask us the

Question is do set for a rck in 2024 acting like that needs to be compared to Mark Cuban confirming that dose coin is still being aced now it’s good to know that dose coin is still being utilized it gives you purpose and utilization as to okay cool if anything we know that we

Can at least sell this particular cryptocurrency at basketball games or at basketball venues purchasing merchandise all of that that’s great because there’s a market for this coin but does it mean that it’s set for a rise in 2024 absolutely not absolutely not now what we’re bringing on this question from this

Article is from when um Mark cubin went ahead and decided to go ahead and do a AMA okay he went ahead and decided to do a AMA right here March I mean not March January 29th Mark Cuban tweeted out let’s do it an AMA fire away AMA for

Those who don’t know simply stands for ask me anything okay so he had a little bit of time and he’s like all right far away give me your questions and you guys can see that sir Doge of the coin asked him a question do the Mavs still accept dose coin his reply

Yes right here somebody also replied to mark hbin all I needed to see somebody also replied this question is boring AF but apparently that’s a good sign for this Market in dose coin you would think just like that one reply looking for dose coin all I needed to see like that gives them

Hope because it gives you a two-sided Market you can buy those coin on the exchange and then you can turn around and sell it and actually buy physical merchandise or tickets to their games now I highly doubt that the Mavericks the organization is getting a whole lot of dose coin I highly doubt

It but the Avenue is still open if they if you still want to use your Doge to go out and buy a ticket to go out and buy a jersey then you can do that but I don’t think a lot of people are actually transacting utilizing do coin

Let’s just keep it real many people are simply holding holding tight do coin because they want people like Mark hubin who’s a billionaire people like Elon Musk who’s a billionaire to come and continue to fomo this cryptocurrency because without them dose Corin would be of no effect it wouldn’t be important

So you have to continue to drum up this type of advertisement promotion to give these individuals who have purchased dose coin hope because when you look at the chart it doesn’t look too hopeful from where it once was now I think Mark cubin Elon Musk and

Many people who sit in on dose coin right now now would like to see this Market in dose coin all the way back up there towards 70 c but as you can see we just been Meandering sub five cents all the way back up towards 15 so maybe if we get another

Run in dose coin within 2024 you might want to sell that joker around 15 17 cents who knows who knows right because from our price prediction we’ve expected the price action and do to go lower even in the midst of Mark cubin confirming that they still accept this

Currency because the Dynamics is more stronger than one tweet than one billionaire than one company accepting dose coin the overall Market is way stronger than that so even though that’s a positive Catalyst to see and know that the Maverick still has s do coin that’s great that’s

Good but as you can see from the price action it had none effect it didn’t make people go out and purchase it now maybe if Elon was to send out a tweet or do a press release and say that you can buy a Tesla with dose coin then maybe the

Market will go higher but off of Mark Cuban’s tweet it didn’t do anything that was on the 29th so here it is the 31st couple of days later and you guys can see the market is coming right back down okay so I’m not going to change my

Price prediction I just wanted to talk to you all about how you know when individuals tell you that they accept certain currencies as monetary value that’s great in that particular in that perspective Ram but it doesn’t mean that the value that you hold will increase though

So we’re still going to look forward to dose coin to go lower in price we’ve already identified our targets which are these bu zones down here at the bottom so we’re going to look forward to see how weak dose coin is going to be currently from what I’m seeing I

Don’t see the market being extremely weak being extremely bearish uh we may just continue to see this Market hold this first buy Zone there which many people who are looking for price and do to go higher would respect that and they will like that but if we continue to see

The weakness occurring to the market and Doge let’s look at this on the five weekly chart then we can expect a little bit lower price movement maybe to the second buy zone or the third okay here it is on the monthly chart since today’s the last day of the month what do you

Think about the monthly I mean the month of January does it look bearish to you like put your opinions to the side what are the facts does this look better bearish to me yes it looks a little bearish but not extremely bearish to where I would say yeah we’re definitely

Going to see the market and dose coin run sub five cents like I don’t see that but I do see that the weakness is apparent into the market in Dogecoin and that’s one reason why I’m not necessarily all that worried that the market is extremely crash worthy

Because of this like just look at how tight the market in those has been trading over the last couple of weeks it’s a lot of people stuck in that range you know and many people have become buyers and sellers within that range so even though you may get a move to the

Downside it may not be that far because of those people who are trapped at those lower levels okay so they may come in and buy the DI like so many people in the cryptocurrency talk about they might see this as as a buying opportunity now before I go understand

That it’s going to be real important for more organizations more businesses to accept dose coin just having the Dallas Mavericks except dose coin is not going to bring this value of this cryptocurrency higher it’s not like when did he first announced that they were going to accept dose coin

You can see clearly that it didn’t have any impact going forward price is still going down in dose coin we need to see more people more businesses taking the dog they got to accept the dog in order for this currency to maintain an increase in value because it gives us use case right

Now there’s not a lot of use case give me your thoughts make sure you maintain the profitability and as always TR different