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.”
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