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Mike Novogratz: Mark Cuban’s Dogecoin (DOGE) Decision Is A Mistake

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.

Samuel Hegi

Samuel Hegi , who first became acquainted with blockchain technology in 2014, is highly critical of blockchain technology. Samuel Hegi, a journalism graduate from the University of Brighton Theblockchainnew.com he is the editor-in-chief of the news portal. Blockchain is love.

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