Dogecoin price reaches new highs. The cryptocurrency crossed $0.14 yesterday with its market cap surpassing $17.3 billion.
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Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban mentioned the coin in their tweets.Mark Cuban revealed that over the previous month, the number of Mavericks' purchases in Dogecoin grew around 550%. He also said the company won't sell Dogecoins ever.
FYI, the Mavs sales in @dogecoin have increased 550pct over the past month. We have now sold more than 122k Doge in merchandise ! 🚀🚀🚀 We will never sell 1 single Doge ever. So keep buying @dallasmavsshop https://t.co/li32cdtcED
— Mark Cuban (@mcuban) April 14, 2021
In early March Mavericks became the first merchant to accept Dogecoin payments and to add them to the balance sheet. For this, the firm partnered with crypto payments provider BitPay, which added support for DOGE.
Another Dogecoin supporter Elon Musk mentioned the coin in a tweet again, posting a picture and writing "Doge barking at the moon".
Doge Barking at the Moon pic.twitter.com/QFB81D7zOL
— Elon Musk (@elonmusk) April 15, 2021
SpaceX CEO has posted about DOGE many times and influenced its price growth. He even added in his bio once "CEO of Dogecoin".
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However, neither the companies led by Musk nor Musk himself haven't traded the coin yet.