Mike Novogratz: Mark Cuban’s Dogecoin (DOGE) Decision Is A Mistake
Mike Novogratz criticized Mark Cuban’s move to buy Dogecoin (DOGE) tickets and merchandise for Dallas Mavericks. This is a mistake, according to Novogratz.
“To me, Mark Cuban is making a mistake. There are better ways to buy tickets. “
Novogratz thinks Dogecoin is not that safe. According to him, Dogecoin is, after all, a “meme” coin, so it is not a logical option to invest.While many names in the cryptocurrency community have made various comments on the issue, there are also those who justify Novogratz’s concerns. Even the creator of Dogecoin stated that this crypto is a “meme token”. However, the data shows that the use of Dogecoin is increasing. According to Swarm Analytics, Dogecoin is the most mentioned cryptocurrency after Bitcoin and Ethereum .Mark Cuban isn’t the only one to adopt Dogecoin as a payment tool. Bitpay also recently included Dogecoin on its list of supported cryptocurrencies. In addition, ATM operator CoinFlip announced that it is bringing Dogecoin support to Bitcoin ATMs.