Mavericks will offer special discount prices for game tickets and other merchandise for people who opt to pay with the Dogecoin cryptocurrency. DOGE is currently up by 14% and is one of the best performing coins over the past 24 hours.
Mark Cuban Announces Mavericks’ Summer Discount With Dogecoin
The Dallas Mavericks organization has reported a surge in sales made with the Dogecoin cryptocurrency since it began to accept the coin as payment in March. Team owner Mark Cuban has announced further moves to promote the use of the meme-inspired cryptocurrency.
Cuban announced that the team would soon start a summer merchandise sell that will come with special pricing for fans who pay with Dogecoin. The offer would allow Maverick fans to pay for game tickets and other merchandise at discounted prices when they use Dogecoin.
— Mark Cuban (@mcuban) August 13, 2021
In an interview with CNBC, Cuban said DOGE is a medium of exchange that can be used to pay for services and goods. He believes that the Dogecoin community is the strongest in terms of using the cryptocurrency as a medium of exchange.
Cuban’s announcement has received positive comments from the Dogecoin community, with Elon Musk one of the people to support it. Musk tweeted that he has been saying this for a while, supporting Cuban’s claim that Dogecoin is the best cryptocurrency to serve as a medium of exchange.
Dogecoin Up By 14% In 24 Hours
Dogecoin is one of the top performers in the cryptocurrency market over the past few days. DOGE is currently up by 14.49% over the last 24 hours, and it is only outperformed by Solana amongst the leading cryptocurrencies.
At the moment, DOGE is trading at $0.346, down by over 50% from its all-time high around the $0.70 mark. However, DOGE remains one of the best performing cryptocurrencies, rising by more than 6,000% in the past year.
Dogecoin rose to prominence thanks to support from influential figures such as Elon Musk and Mark Cuban. Although it started as a joke, DOGE has gained massive adoption and has built a strong community of users and investors globally.