Much fun, no work: DOGE must ditch meme status to be valued as money

Doge reaching $1 is practically impossible unless the currency witnesses some Bitcoin-level buy-ins in the coming future.
There is no denying the fact that Dogecoin (DOGE) is by far one of the most polarizing crypto projects in the market today. On one hand, many think of the cryptocurrency as largely being a joke that has long overstayed its welcome; however, there also those people — including many celebrities, business moguls, etc. — who evidently believe it’s a viable financial instrument that will stick around for a long time to come, or at least they are leading people into believing that.For example, the owner of NBA franchise the Dallas Mavericks, Mark Cuban, recently stated that he is fairly confident that DOGE is here to stay and even has the potential to hit a price point of $1 in the near future. This proclamation comes a few days after the Mavericks started accepting Dogecoin as a form of payment.He further revealed that fans were already behind this latest payment avenue, and as of March 7, the Mavs had already sold 20,000 Dogecoin — roughly $1,018 at press time — worth of merchandise, adding: “If we sell another 6,556,000,000 Dogecoin worth of Mavs merch, DOGE will definitely hit $1.”It is worth mentioning that over the course of the last few months, DOGE’s list of prominent mainstream followers has been growing at a furious pace, with celebrities like Kiss co-lead singer and bassist Gene Simmons, former adult film star Mia Khalifa and American rappers Snoop Dogg and Lil Yachty all …
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