Billionaire Mark Cuban continues to stand by the Dogecoin (DOGE) community.
Billionaire Mark Cuban challenges entrepreneur and podcaster Preston Pysh about Dogecoin. Cuban came under criticism from Pysh for allegedly pumping Dogecoin, the original meme cryptocurrency, in May, after complaining about out-of-control cryptocurrency spam on Twitter.
In response to these criticisms, Cuban reiterated his views that Dogecoin is a good payment method for spending money. Cuban believes that the inflationary dynamics of the meme cryptocurrency could actually make it a better currency, something Tesla CEO Elon Musk agrees with.
https://twitter. com/mcuban/status/1480709113344675840
Dogecoin co-founder Billy Markus also defended Cuban, saying it’s annoying when keyboard warriors attack people by misinterpreting their words.
Meme coin is now 80.24% behind the all-time high recorded in May. However, Cuban points out that Dogecoin has outperformed Bitcoin in the past year.
As previously reported, Cuban and Pysh faced off during a heated conversation on Twitter Spaces in October. The “Shark Tank” star said he will continue to talk about Dogecoin despite backlash from Bitcoin maximalists. Cuban stated that it is “fun” to be a part of the meme coin community.