Mark Cuban’ s i9000 NBA team has introduced a store scheme that will prize customers for making payments using cryptos like Dogecoin, Bitcoin, and Ethereum.
Mark Cuban’ s NBA Team “ Dallas Mavericks” Announces “ Mavs Cryptomania, ” Rewards $25 Gift Card To Customers Paying With Bitcoin, Ethereum, Plus Dogecoin
The particular Dallas Mavs shop provides started running a cashback promotion for users to incentivize payments through cryptocurrencies such as Dogecoin, Bitcoin, and Ethereum.
The website provide page reads:
Free $25 e-gift card for purchases created using eligible cryptocurrency on DallasMavs. Shop! Must spend the least $150 (before tax plus shipping. ) Only one e-gift card per transaction. E-gift card will be emailed 5-7 business days after purchase is placed and expires 12/31/21.
The Mark Cuban-owned NBA team started accepting Bitcoin upon its fan store back in 2019. While customers can pay using Dogecoin beginning this March.
The Dallas Mavericks’ shop uses Bitpay for digesting payments in crypto. A listing of eligible tokens includes BTC, ETH, DOGE, BCH, BUSD, USDC, GUSD, and PAX.
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Indicate Cuban is a known ally for Dogecoin, and thus the recent addition to the store isn’ t surprising. Also, apparently the Dallas Mavericks hodl DOGE as the billionaire describes:
FYI, the Mavs sales within dogecoin have increased 550pct over the past month. We have now marketed more than 122k Doge within merchandise. We will never market 1 single Doge actually. So keep buying Dallasmavs. shop.
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The crypto changer has said in the past that Dogecoin has some days where this moves more sales compared to Bitcoin or Ethereum did in an entire year.
“ The point about DOGE that people miss is the fact that DOGE’ s imperfections plus simplicity are it’ h greatest strengths, ” says Cuban in a tweet. “ You can only use it to complete 2 things: Spend This or HODL It. Both are easy to understand. And it’ s cheap to buy. Which makes it a community anyone can sign up for and enjoy. ”
At the time of writing, Dogecoin’ s i9000 price floats around $k, up % in the last five days. Over the last month, the particular coin has gained % in value.
Here is a chart showing the trend in the price of the coin over the last three months:
DOGE seems to be down a little | Source: DOGEUSD on TradingView
Over the past few days, Dogecoin saw strong upwards movement, but the coin has come back down a little today, damaging the sharp trend up.
Bitcoin and Ethereum also saw very strong surges in their prices in the last few days as the coins approached retests of crucial price ranges within $50k (for BTC) plus $4k (for ETH).
Featured image through Unsplash. com, chart from TradingView. com