Logo
Cardano Ecosystem
Bitcoinethereumnews

08/09/2022

·

200 views


Mark Cuban: comparison between Dogecoin and Cardano

The post Mark Cuban: comparison between Dogecoin and Cardano appeared on BitcoinEthereumNews.com. Mark Cuban, well-known billionaire star of Shark Tank, has shared his thoughts on crypto, pointing out that in his opinion “Dogecoin has potentially more applications than Cardano”....

Mark Cuban: comparison between Dogecoin and Cardano

Mark Cuban, well-known billionaire star of Shark Tank, has shared his thoughts on crypto, pointing out that in his opinion “Dogecoin has potentially more applications than Cardano”.

Mark Cuban and his thoughts on Dogecoin and Cardano

In an Altcoin Daily podcast, the billionaire entrepreneur, who also owns the NBA team Dallas Mavericks, released a wide-ranging conversation on cryptocurrencies, also stating that in his opinion Dogecoin would potentially have more applications than Cardano

“I still think #Dogecoin has more applications available to it than #Cardano” — @mcuban

Watch FULL interview
>> https://t.co/P0qjFzIW4b pic.twitter.com/f6IPN9g5PW

— Altcoin Daily (@AltcoinDailyio) August 7, 2022

“I still think Dogecoin has more applications available to it than Cardano” — @mcuban. Watch FULL interview”.

Specifically, Cuban said that although Cardano has had smart contracts for some time now, its big impact in the crypto market has not yet been experienced, compared to Polygon and Ethereum. 

Not only that, Cuban also said that the opportunities for Cardano are greater, at least until Dogecoin also becomes an application platform.

Mark Cuban and the speech on market cap, Cardano, and Dogecoin

In his speech, Cuban also pointed out that there would be a significant opportunity for Cardano if the next big app that everyone wants to use is built on ADA. Here are his words:

“The door is open for that to happen, but it hasn’t happened yet”.

In addition, Cuban also explained why he does not consider market cap to be an accurate indicator of the intrinsic value of a cryptocurrency project. In this regard, here is what he said:

“If you do enough staking, and you have enough inflation, and you can stake enough that people don’t sell too much, you’re gonna have a big enough market cap”.

At the time of writing, Cardano has a market cap of $18 billion and DOGE $9.4 billion

SEC’s “nightmare” rules on crypto

Recently, Cuban also spoke out about the US Security and Exchange Commission (SEC), stating that he thinks it will soon present rules for token registration that will be “the nightmare that awaits the cryptocurrency industry”.

He did so in response to a tweet from US Senator Pat Toomey, who criticized the securities regulator for its enforcement action against a former Coinbase employee in which nine tokens were identified as securities. 

The billionaire is essentially arguing that the nightmare lies in the fact that the registration of tokens is still unclear to the point that investors have no certainty that they are not violating the law. 

Source: https://en.cryptonomist.ch/2022/08/09/mark-cuban-dogecoin-has-potentially-more-applications-than-cardano/

Post navigation

AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Bitcoinethereumnews

ORIGINAL SOURCE

https://bitcoinethereumnews.com/technolo...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Bitcoinethereumnews

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map
Bitcoinethereumnews

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map

08/18/2022

·

140.1K views

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

06/09/2022

·

64.7K views

Cardalonia: A decentralized blockchain-based play-to-earn Metaverse on Cardano

Cardalonia: A decentralized blockchain-based play-to-earn Metaverse on Cardano

04/30/2022

·

60.3K views

Cardano (ADA) Founder Confirms Vasil Testnet Will Launch on July 3, 2022 

Cardano (ADA) Founder Confirms Vasil Testnet Will Launch on July 3, 2022 

07/01/2022

·

38.6K views

Related News

Bashoswap, a Cardano DEX & Launchpad, Launches Private Sale Whitelist
Cardano Feed

Bashoswap, a Cardano DEX & Launchpad, Launches Private Sale Whitelist

03/22/2022

·

222.8K views

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map

08/18/2022

·

140.1K views

MuesliSwap, first DEX on Cardano mainnet, approaching 50k Smart Contract interactions

MuesliSwap, first DEX on Cardano mainnet, approaching 50k Smart Contract interactions

12/19/2021

·

94.7K views

Cardano Feed launches real-time news integration about Cardano with Google News

Cardano Feed launches real-time news integration about Cardano with Google News

11/09/2021

·

81.7K views

World’s First Multi-Token ISPO — By Genius X

Featured News

Ravendex gears up for launchpad and staking platform release
Cardano Feed

Ravendex gears up for launchpad and staking platform release

RocketPad Records 73.9131 % of Its 100,000 ADA soft cap For Seed Sale Round., Business News

RocketPad Records 73.9131 % of Its 100,000 ADA soft cap For Seed Sale Round., Business News


Featured ISPOs

Genius X

GENSX ISPO

ACTIVE

250M $GENSX · Ends in 09/12/2022

Bringing Fixed Assets (CNFT & CNT) Lending & Borrowing to Cardano

Featured Projects

Cardalonia

Cardalonia

Metaverse

Featured
MuesliSwap

MuesliSwap

Exchanges (DEX)

Featured

WingRiders Governance Token