This Is Why I Need Buying More Dogecoin Dip
Can Elon Musk and Mark Cuban be the two individuals that could turn Dogecoin into a cryptocurrency that is supported all around the world? Dogecoin the once joke based currency now has a chance to turn into a legitimate currency. Every person who has invested or is currently invested in Dogecoin wants Dogecoin to be the next Bitcoin.
Elon Musk is bullish on Dogecoin and believes it has a brighter future
However, I do like the odds of Dogecoin increasing even more as the year goes on and overall the next five years. And here’s why. First off, Elon Musk, we all know he tweeted about this, it seems almost every other day here recently, and it’s helped search this cryptocurrency to heights that we would never, ever dreamed it was possible.
Elon Musk has stated that he has no future plans to sell any of his Doge holdings, which is a positive sign to those investors that he believes in this in the long term and it has more potential to do increase in value and keep growing in demand.
Mark Cuban : Because Doge is the one coin that people actually use for transactions
Mark Cuban is the current owner of the Dallas Mavericks and NBA team and also a fan favorite on the investor show called Shark Tank. Back in April, Mark Cuban announced that the Dallas Mavericks would start accepting Dogecoin as payment and also noted in a tweet that recent sales had increased over 550 percent the previous month involving Dogecoin. In a recent tweet by Mark Cuban,
Because Doge is the one coin that people actually use for transactions, we take many others via @Bitpay, but people spend their Doge. That means more businesses will start taking it. The greatest inhibitor to it’s growth is that you can’t spend the Doge you buy on Robinhood.
Dogecoin is more popular with millennials on all these investing sites
This is one that you could throw a couple of dollars into and could easily hit that 60 cents mark for even a dollar more. If they were to choose between buying a lottery ticket and Dogecoin, I would buy Dogecoin because it is proven to have better success than buying a lottery ticket.