Dallas Mavericks owner Mark Cuban has confirmed that the NBA team continues to accept\u00a0<\/span>Dogecoin (DOGE)<\/span><\/a>\u00a0as a payment method. In response to a query from a user on X,\u201d Cuban confirmed the integration exists with a \u201cYes.\u201d<\/span><\/p>\n Do the Mavs still accept dogecoin?<\/p>\n <\/p>\n \u2014 Sir Doge of the Coin \u2694\ufe0f (@dogeofficialceo) January 29, 2024<\/a><\/p>\n<\/blockquote>\n The original announcement dates back to March 2021, when BitPay integrated Dogecoin payments for merchants and consumers. The Dallas Mavericks, known for their early crypto adoption, were one of the first in the crypto-sports partnerships with the meme coin acceptance.<\/span><\/p>\n <\/p>\n Bitcoin became one of the payment methods for the Mavs in 2019.<\/span><\/p>\n The addition of DOGE allowed \u2018Mavs Fans for Life or MFFLs\u2019 to utilize Dogecoin to purchase game tickets and merchandise online, expanding accessibility to Mavs gear.<\/span><\/p>\n Continued acceptance of Dogecoin in 2024 leads to discussions about the meme coin\u2019s growth potential this year. <\/span>What is noteworthy in this discussion is Elon Musk\u2019s<\/a> recent mention of X\u2019s integrated payments feature. The launch brings renewed attention to Dogecoin\u2019s utility and integration into the payment ecosystem.<\/span><\/p>\n One of the major markets for DOGE has been India.<\/span><\/p>\n <\/p>\n Kashif Raza from Bitinning pointed out in a post on X<\/a> that within the 26-35 age group, DOGE has surpassed BTC. This is in terms of investments within a group that represents 40% of India\u2019s 19 million crypto investors<\/span><\/p>\n At press time on Monday, Dogecoin (DOGE) was trading at ~$0.0812, showing a 24-hour increase of 3% on Token Terminal. Over the past week, it has experienced a 0.70% price uptick, while its 30-day performance shows a decline of 10%.<\/span><\/p>\n Over the last 180 days, it has seen a modest increase of 2.85%. The all-time high (ATH) for DOGE was $0.7316, still signifying price volatility. <\/span>The circulating market cap of DOGE stands at $11.57 billion.<\/span><\/p>\n <\/p>\n Doge\u2019s price-to-fully diluted ratio is at a high 6,208.30x, signifying a substantial increase of 174.6%.\u00a0 <\/span>The P\/F ratio compares its price to its potential future value.<\/span><\/p>\n Over the past 30 days, DOGE also generated fees totaling $151.46k, representing a significant decrease of 68.23%. The annualized fee revenue is recorded at $1.84 million, showing a minor drop of 1.90%.<\/span><\/p>\n Also Read:\u00a0<\/span>The Top Eight Must-Knows About Dogecoin<\/span><\/a><\/p>\n <\/p>\n \u2713 Share:<\/p>\n\n
DOGE as a payment medium<\/span><\/h2>\n
Meme\u2019s growth potential in price<\/span><\/h2>\n
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