{"id":42118,"date":"2021-05-08T14:20:49","date_gmt":"2021-05-08T11:20:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42118"},"modified":"2025-08-30T21:47:12","modified_gmt":"2025-08-30T18:47:12","slug":"mark-cuban-dogecoin-could-hit-1-and-become-something-like-a-stablecoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mark-cuban-dogecoin-could-hit-1-and-become-something-like-a-stablecoin\/","title":{"rendered":"Mark Cuban: Dogecoin could hit $1 and become something like a stablecoin"},"content":{"rendered":"<p>Billionaire Mark Cuban, speaking at the Ethereal virtual summit, forecast that Dogecoin&#8217;s price would rise to $1.<\/p>\n<figure class=\\\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\n<iframe loading=\\\"lazy\\\" title=\\\"Mark Cuban Goes Deep on NFTs and Dogecoin at Ethereal 2021\\\" width=\\\"500\\\" height=\\\"281\\\" src=\\\"https:\/\/www.youtube.com\/embed\/__fhP7SZ25w?feature=oembed\\\" frameborder=\\\"0\\\" allow=\\\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\\\" referrerpolicy=\\\"strict-origin-when-cross-origin\\\" allowfullscreen\\><\/iframe>\n<\/div>\n<\/figure>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cI think Dogecoin could level off at $1 and be something like a stablecoin. In the long run its price could be pegged at $1. That\u2019s my guess,\u201d the billionaire said.<\/p>\n<\/blockquote>\n<p>According to Cuban, meme cryptocurrency is better suited than Bitcoin for facilitating transactions because it\u2019s easier to use.<\/p>\n<p>The billionaire also noted the advantage of unlimited issuance of Dogecoin. He is confident that an annual mint of 5.2 billion coins is a good thing.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cBecause you can own it. You know the exact inflation rate that\u2019s coming down, and that\u2019s only 5.2 billion units per year,\u201d added Cuban.<\/p>\n<\/blockquote>\n<p>On May 8, the price of Dogecoin reached an all-time high of $0.74.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"576\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/DOGE-5-1024x576.png\\\" alt=\\\"Mark Cuban: Dogecoin could hit $1 and become something like a stablecoin\\\" class=\\\"wp-image-134503\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/DOGE-5-1024x576.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGE-5-300x169.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGE-5-768x432.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGE-5.png 1366w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>DOGE\/USDT chart on Binance from TradingView.<\/figcaption><\/figure>\n<p>Earlier, Cuban <a href=\"https:\/\/u1f987.com\/en\/news\/mark-cuban-touts-bitcoin-ethereum-and-dogecoin\">outlined the advantages<\/a> of Bitcoin, Ethereum and Dogecoin. He noted the growing popularity of the meme cryptocurrency.<\/p>\n<p>Earlier in April, the billionaire <a href=\"https:\/\/u1f987.com\/en\/news\/mark-cuban-says-robinhood-policy-hampers-dogecoins-growth\">called Robinhood&#8217;s policy an obstacle to Dogecoin&#8217;s growth<\/a>.<\/p>\n<p>In early April, Cuban <a href=\"https:\/\/u1f987.com\/en\/news\/mark-cuban-reveals-his-cryptocurrency-portfolio\">revealed his cryptocurrency portfolio<\/a>. The billionaire said he had 60% in Bitcoin, 30% in Ethereum, and 10% in other digital assets.<\/p>\n<p>Read ForkLog Bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mark Cuban, at the Ethereal virtual summit, forecast that Dogecoin&#8217;s price would rise to $1.<\/p>\n","protected":false},"author":1,"featured_media":42119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1551,1138],"class_list":["post-42118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-mark-cuban","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42118"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42118\/revisions"}],"predecessor-version":[{"id":42120,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42118\/revisions\/42120"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42119"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}