Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $29,823.00-2.24% 24H
    BITCOIN
    24H : -2.24%
    Volume : $24,874,348,577.00
    Marketcap : $568,725,882,935.00
  • ethereumEthereum(ETH)
    $2,029.30-2.78% 24H
    ETHEREUM
    24H : -2.78%
    Volume : $16,130,035,162.00
    Marketcap : $246,078,537,372.00
  • binancecoinBNB(BNB)
    $299.54-2.45% 24H
    BNB
    24H : -2.45%
    Volume : $1,272,176,927.00
    Marketcap : $50,356,041,757.00
  • rippleXRP(XRP)
    $0.427-1.86% 24H
    XRP
    24H : -1.86%
    Volume : $2,130,038,670.00
    Marketcap : $20,666,158,890.00
  • cardanoCardano(ADA)
    $0.560-4.19% 24H
    CARDANO
    24H : -4.19%
    Volume : $787,545,817.00
    Marketcap : $18,951,531,989.00
  • terra-lunaTerra(LUNA)
    $0.000183.59% 24H
    TERRA
    24H : 3.59%
    Volume : $757,271,276.00
    Marketcap : $1,199,640,942.00
Coinscreed
No Result
View All Result
homerun token
Home News

Another Billionaire Endorses Dogecoin (DOGE),support and recognition at its peak

Bishop eL by Bishop eL
1 year ago
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

Recently, due to Elon Musk’s tweets, the Dogecoin Cryptocurrency Token (DOGE) increased enormously in volume.

Musk, who dubbed Doge “the crypt of people,” initially began tweeting in early February about the virtual currency. At that time, Doge’s market share of $40 billion has risen by up 5,000 per cent.

Dallas Mavs creator, and ‘Shark Tank’ investor, Mark Cuban, proposed that the host Ellen DeGeneres use the meme currency as a payment for her show merchandise on Tuesday after another billionaire. The digital commodity rose.

SuggestedArticles

South Korean Legislature Mulls New Licensing System For Crypto

South Korean Legislature Mulls New Regulation For Cryptocurrency

40 mins ago
Cloudflare To Run Ethereum Validator Node In Its Web3 Experiment

Cloudflare To Run Ethereum Validator Node In Its Web3 Experiment

1 hour ago

“We sell a lot of goods to Dogecoin on Mavs and you ought to be looking at it in the shop of Ellen. You guys could sell dogecoin all kinds of things,” said Cuban.

In the mean time, CoinDesk pointed out that Cuban did not mention risk factors associated with the cryptocurrency in reference to Cuban’s “The Ellen Show.”

Cuban answered by tweeting that “every asset that has inflation is ‘infinite’ by definition [but] does not decrease inflation.”

He stressed also the growing supply aspect of the cryptograph, noting that ‘this changes the usefulness of future digital currency from a store of value. It is the fact [no more than 5 billion per annum] they are building that holds the price per coin down, making it more affordable.”

In other words, the Cuban’s point is that the Doge has no supply cap or a limits of the amount of coins that Bitcoin would allow, unlike the float-availability deflation risk.It means that the inflation supply rate steadily and reliably decreases, and that Doge can use the market in a more convenient fashion and thereby be used conveniently as a money to buy and sell goods and services, provided his factor in growth rates predictability.

Price DOGE

DOGE was 12.37% higher on day at $0.30 for the last trade.

Tags: DOGE

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.