Doge is considered the strongest crypto in the market

Billionaires Mark Cuban and Elon Musk agree that the cryptocurrency based on the meme of a Japanese dog is the best positioned as a medium of exchange

The cryptocurrency Doge Coin (DOGE) is considered the strongest crypto, as a medium of exchange of all digital assets, according to Elon Musk and Mark Cuban agree.

In Cuban’s opinion, the Doge is cultivating a niche in the market, which generates a preponderance over other cryptocurrencies. “It is a means that can be used to acquire goods and services. The Doge community is the strongest when it comes to using it as a medium of exchange,” Mark Cuban expressed.

For his part, Elon Musk, CEO of Tesla, noted: “I’ve been saying this for a while,” which indicates an endorsement of Cuban’s words.

Cuban, who owns the NBA team Dallas Mavericks, explained to his 8.5 million followers on his social network Twitter, that his basketball team accepts payments in different cryptocurrencies, but most buyers decide to cancel with the crypto of memes Doge.

“I am not fooling Doge. I check the products and services of my companies. Where we allow people to pay in ANY crypto. But 95 % of the sales are made in Doge,” said Cuban. He acknowledges that during the negotiation they can talk about the different crypto but when the negotiation is finalized, people are paying with Doge.

Last May, the billionaire stated that Dogecoin required users and utility to maintain itself. “Meme coins like DOGE only work if they obtain utility and clients use them for that utility. As long as you can spend Doge, because we know that its annual inflation rate is set at 5 billion coins, you can gain some value as your profit grows,” emphasizes the businessman.

M. Rodríguez


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