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Rapper, actor and filmmaker Ice Cube has also indicated support for Dogecoin
Timothy Stebbing, a director at the Dogecoin Foundation, has tweeted about a meeting with Rapper Ice Cube as Dogecoin is set to be integrated into the Big3 league.
The Big3 professional basketball league was formed by Ice Cube and entertainment executive Jeff Kwatinetz, and the team’s rights were sold using non-fungible tokens (NFTs). The Big3 league opted to sell 25 fire-tier NFTs, giving the Killer 3s’ licensing, intellectual property (IP) and league-approved products to their new owners.
Was so cool @DogecoinFdn meeting @icecube at the doge dinner @westcoastbill hosted
. @thebig3
crew are stoked to integrate #dogecoin into the league and introduce a whole new community to doge! @MyDogeTip @icecube 69 Doge
— Timothy Stebbing (@tjstebbing) June 12, 2022
As previously reported by U.Today, Bill Lee, the founding chairman of MyDoge, a self-custodial Dogecoin wallet, purchased all 25 fire-tier editions of the Aliens, a Big3 team. U.S. rapper, actor and filmmaker Ice Cube has also indicated support for Dogecoin.
Big3 is adopting Dogecoin as a result of the purchase, culminating in the integration of the MyDoge wallet, which allows players, coaches and teams to earn Dogecoin tips on Twitter. MyDoge/Dogecoin will also be prominently displayed by the Aliens on team jerseys, events and broadcasts.
At press time, Dogecoin presently trades at $0.053, down 18.32% in the last 24 hours, per CoinMarketCap data. Dogecoin fell as low as $0.052 to mark the lowest levels for 2022 so far. The meme cryptocurrency is also set to mark its fourth consecutive day of losses amid the current market sell-off.
Despite the current market selloff, Dogecoin is facing buying pressure from Binance whales who are using the opportunity of the recent price drop to accumulate on the dip.
JUST IN: $FTM @FantomFDN now on top 10 purchased tokens among 100 biggest #BSC whales in the last 24hrs
We’ve also got $DOGE, $LYO, $Cake, #C98 & $FAME on the list
Whale leaderboard: https://t.co/0SYnjw0xQs#FTM #whalestats #babywhale #BBW pic.twitter.com/yfzn5AvasT
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) June 12, 2022
According to WhaleStats, DOGE ranks among the top 10 most purchased assets among the biggest 100 and 500 BSC whales in the last 24 hours.
JUST IN: $DOGE @dogecoin now on top 10 by trading volume among 100 biggest #BSC whales in the last 24hrs
Check the top 100 whales here: https://t.co/0SYnjw0xQs
(and hodl $BBW to see data for the top 4000!)#DOGE #whalestats #babywhale #BBW pic.twitter.com/EuqPuLtN84
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) June 12, 2022
Dogecoin is also actively traded by whales, ranking among the top 10 by trading volume among the 100 biggest BSC whales in the last 24 hours. At the moment, the top 1,000 BSC whales tracked by WhaleStats are “hodling” $40,170,185 worth of DOGE.
Renowned American rapper and actor – O’Shea Jackson Sr. (better known as Ice Cube) – asserted that he is a supporter of the first-ever memecoin Dogecoin. Thus, he put his name next to the likes of Elon Musk, Roger Ver, Snoop Dogg, Gene Simmons, and more.
Despite being created as a joke in 2013, Dogecoin emerged as a leading digital asset with a market capitalization of over $17 billion. The token also attracted numerous celebrities who displayed their support over the past few years. The latest such person is the popular rapper, actor, and filmmaker – Ice Cube.
The American replied to a tweet from Bill Lee (a founding member of MyDoge wallet), stating he is “down with the Doge army.”
Come on wit it Bill, you know I’m down with the #DogeArmy https://t.co/d9C1TzS4ff
— Ice Cube (@icecube) May 4, 2022
Shortly after, Ice Cube emphasized Bill Lee’s decision to purchase 25 Fire-Tier editions of BIG3’s Aliens for $600,000 worth of DOGE. The deal became the largest commercial transaction conducted in Dogecoin.
Speaking of supporters of the memecoin, it is worth mentioning Elon Musk. Tesla’s CEO often praises the token on his Twitter account, which in many cases has led to a surge in DOGE’s price.
Last month, the asset’s USD valuation spiked when news broke that Musk will acquire the social media platform for around $44 billion. Prior to the deal, he proposed implementing Dogecoin payment options on Twitter.
Not long ago, Musk argued that Dogecoin is better suited for transactions than bitcoin. In his view, the primary cryptocurrency is currently suitable for a store of value and not for payments.
Another popular person keen on Dogecoin is Roger Ver, whose nickname paradoxically is “Bitcoin Jesus.” He opined that DOGE is “significantly better, cheaper, and more reliable” than the primary cryptocurrency.
Last year, the memecoin received support from the American rapper Snoop Dogg. He praised the token on April 20, the unofficial holiday for cannabis smokers. Moreover, Snoop Dogg proposed that the date should be named DogeDay.
Another fan of the memecoin is the legendary member of the rock band KISS – Gene Simmons. In February 2021, he became a DOGE HODLer as he believed its price will go up. His prediction was quite accurate, as when he invested in the asset, its USD valuation stood at a mere $0.04. In the following months, it surged to an all-time high of $0.73, while currently, it trades at about $0.13.
Featured Image Courtesy of Rolling Stone
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