Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Mark Cuban suggests Ellen DeGeneres to accept Dogecoin in EllenShop

Mark Cuban suggests Ellen DeGeneres to accept Dogecoin in EllenShop

In a virtual interview with TV talk show host Ellen DeGeneres today, Cuban said Dogecoin (DOGE) may have started as a joke, but it was now “becoming a digital currency.” The Dallas Mavericks owner mentioned the success the basketball team’s store had after accepting the token in March, and recommended DeGeneres “should look at it for The Ellen Shop,” claiming the store “could sell a whole lot of stuff for Dogecoin.”

“I’m interested in Dogecoin, and I really want to know more about this,” DeGeneres said to her more than one million viewers.

Following the Dallas Mavericks’ decision to accept Dogecoin as payment for merchandise last month, billionaire Mark Cuban is seemingly attempting to get other high-profile names to consider using the meme-based token as a form of payment.

In a virtual interview with TV talk show host Ellen DeGeneres today, Cuban said Dogecoin (DOGE) may have started as a joke, but it was now “becoming a digital currency.” The Dallas Mavericks owner mentioned the success the basketball team’s store had after accepting the token in March, and recommended DeGeneres “should look at it for The Ellen Shop,” claiming the store “could sell a whole lot of stuff for Dogecoin.”

“We sure will do that,” said DeGeneres. “I’m interested in Dogecoin, and I really want to know more about this.”

In regards to crypto and DOGE in particular, the TV talk show host later clarified on Twitter that she was not sure she “understand[s] it, or know[s] how to pronounce it, but it sure is fun to say.” DeGeneres already launched her own nonfungible token called “woman with a stick cat” to raise money for the World Central Kitchen, one package of which sold for $14,555 today.

Cuban has predicted that the price of DOGE could hit $1 if more people were to use the token to purchase Dallas Mavericks merchandise. As of April 13, the basketball team has reportedly accepted 122,000 DOGE — roughly $32,757 at the time of publication — with sales increasing by 550% over the last month.

“I wouldn’t say [DOGE is] the world’s best investment, but it’s whole lot better than a lottery ticket,” said Cuban on Ellen’s show. “It’s a great way to learn and start understanding cryptocurrencies.”

Though Dogecoin has posted more than 14,000% in gains over a year, the price of the token has fallen under $0.30 since reaching an all-time high of more than $0.40 earlier this month. The viewership of Ellen’s show — estimated to be 1.5 million as of March — could potentially drive this price up if even a fraction of them showed the same enthusiasm in the token as Cuban seemed to demonstrate by purchasing DOGE.

Source: Fintechs.fi - Fintech News

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Budapest Central European Fashion Week Kicks Off
U.S. Celebrates Labor Day
Hungarian National Team Captain Scores Epic Goal
×