Mark Cuban Lauds Dogecoin & Shiba Inu, Eyes TRUMP-Like Meme Coin Launch

2 weeks ago 21

The cryptocurrency marketplace has been making headlines pursuing Donald Trump’s victory. While respective assets person recorded a notable uptick implicit the past day, a fewer much are yet to travel suit. Meanwhile, the TRUMP meme coin has been garnering a batch of steam. The plus has been skyrocketing and respective members of the manufacture privation successful connected this success. Billionaire Mark Cuban was the latest to articulation this inclination and expressed involvement successful rolling retired his precise ain meme coin.

Also Read: Ripple: What’s Next For XRP As Gensler Resigns: ETFs, $5 Milestone Or Both?

Cuban’s Meme Coin To Mirror TRUMP

mark cuban meme coinSource: Watcher Guru

Mark Cuban took to X (formerly Twitter) and revealed that helium intends to motorboat a meme coin. While it volition beryllium akin to TRUMP it entails a cardinal difference. The twist is that each coin income proceeds volition spell consecutive to the US Treasury to assistance successful the simplification of the nationalist debt. The Shark Tank big presented Mark Cuban’s program connected X, promising a 20% interval and a merchandise timeline that corresponded with the TRUMP currency.

If meme coins are the way, possibly I’ll contented one. With a twist. Same presumption arsenic $TRUMP . 20% float. Same merchandise schedule. One difference.

All the gross from the merchantability of the coins spell to the US Treasury. The wallet code volition beryllium published truthful everyone tin way it.

If…

— Mark Cuban (@mcuban) January 20, 2025

While this seems similar a large summation to the industry, the assemblage did not shy distant from informing Mark Cuban. NFT influencer artchick.eth responded by cautioning him astir imaginable problems. The X idiosyncratic noted that due to the fact that meme coins are usually speculative, specified ventures often effect successful losses for aboriginal adopters. artchick besides emphasized however challenging it is to warrant community-driven improvement and sustainable maturation to Mark Cuban.

Also Read: Trump Directs Agencies for Emergency Steps To Reduce Cost of Living

Dogecoin & Shiba Inu Get Shout Out

Cuban was seen knowing the NFT influencer’s perspective. He noted that her worries were valid. The billionaire concurred that creating a committed assemblage is indispensable to meme coin’s occurrence successful the agelong run. He cited Dogecoin (DOGE) and Shiba Inu (SHIB) arsenic instances of currencies that person remained applicable done the improvement of a important fig of users. He added,

We agree. It’s wherefore Doge, Shibu Inu, and lone a fewer others person worked. It’s astir the assemblage agelong term. I’m not saying buyers won’t get rekt. I said it was gambling. It’s a crippled of philharmonic chairs. No promises. No pumps by me. Just implicit transparency

Shytoshi Kusama, the pb developer of the Shiba Inu web was alerted successful nary time. He rapidly asked Mark Cuban to look into SHIB. The developer went connected to impulse the billionaire to get connected a 10-minute call. Kusama said,

Take a 10-minute telephone and spot that it’s not conscionable assemblage but existent exertion that keeps america going. Otherwise, you’ll merchandise different meme similar everyone else.

Also Read: Ripple’s XRP Predicted To Hit New Peak Of $4.40: Here’s When

Read Entire Article