Mark Cuban and Kevin O’Leary, each distinguished panelists on the truth TV present “Shark Tank,” have been shut pals for a very long time, but their opinions on the meme cryptocurrency Dogecoin DOGE/USD have but to align.
Cuban’s ‘Actual Cash’
Cuban, a billionaire investor and minority proprietor of the Dallas Mavericks, has been an avid supporter of Dogecoin and continuously makes use of his public picture and social media attain to endorse the dog-themed meme coin.
In February 2021, whereas the coin was gaining steam for a bull cycle, Cuban famously mentioned, “”If I had to decide on between shopping for a lottery ticket and Dogecoin ….I might purchase Dogecoin. However please do not ask me to decide on between it and the rest.”
Earlier that yr, the Dallas Mavericks, which was then majority owned by Cuban, began accepting Dogecoin as fee for tickets and merchandise. Cuban mentioned in a 2022 podcast that on the time, Dogecoin was “actual cash” for them.
See Additionally: Bitcoin Retreats Regardless of Price Reduce Odds Spike; Ethereum, XRP, Dogecoin Additionally Slip: Analyst Explains Why ETH’s ‘Boring Part’ Is Anticipated to Drag On
O’Leary In contrast DOGE To Playing
Canadian enterprise tycoon O’leary, who shared house with Cuban for a few years on Shark Tank, nevertheless, isn’t almost as satisfied.
In a July 2021 interview with CNBC, “Mr Fantastic” likened investing in Dogecoin to playing in Las Vegas.
“If you speculate on one thing like Dogecoin, that is no completely different than going to Las Vegas and placing your cash on purple or black,” he mentioned, including that he has no plans of including Dogecoin to his cryptocurrency portfolio.
The comment got here regardless of the meme coin blasting to an all-time excessive solely a few months earlier.
Who Has Confirmed To Be Proper?
Most of those remarks, whether or not optimistic or destructive, have been made throughout Dogecoin’s bull market in 2021. It’s then mandatory to look at how the meme large has carried out since then.
When Cuban adopted Dogecoin as a fee technique for the Mavericks on March 4, 2021, 1 DOGE was value $0.05005. Immediately, it’s up by greater than 327%.
By the point O’Leary in contrast it to playing on July 29, 2021, it had risen to $0.2046. Since then, it has barely grown by 4%.
It’s value noting that DOGE peaked in Could 2021 and shortly retraced. At present, it’s down greater than 70% from its peak.
| Sharks | DOGE Worth (Recorded On March 2021) | DOGE Worth (Recorded at 2:00 a.m. ET) | Good points +/- |
| Mark Cuban | $0.05005 | $0.2142 | 327% |
| Sharks | DOGE Worth (Recorded On July 2021) | DOGE Worth (Recorded at 2:00 a.m. ET) | Good points +/- |
| Kevin O’Leary | $0.2046 | $0.2142 | 4.69208% |
Picture Courtesy: Kathy Hutchins on Shutterstock.com
Learn Subsequent:
