In the variegated world of cryptocurrencies, there are billionaire entrepreneurs who are becoming influencers: among them we must certainly include Mark Cuban.
The sector has long since been orphaned by John McAfee , who has been in prison in Barcelona for months . The one who was considered the leader among crypto influencers seems to have given way to other entrepreneurs. There is not only Elon Musk with his tweets that bury or benefit the market, but there are also other more “concrete” ones, including Michael Saylor of Microstrategy and, in fact, Mark Cuban, entrepreneur and president of the Dallas basketball team Mavericks.
Mark Cuban’s crypto investments
In the beginning it was Bitcoin. Mark Cuban sees himself as one of the first cryptocurrency investors. As CNBC reports , it claims to have a crypto wallet made up of 60% Bitcoin, 30% Ethereum and 10% other assets. But he would have bought them in the so-called early days , which suggests that he has seen his fortune increase year on year as the price of these assets rises.
Its Dallas Mavericks are at the forefront from this point of view: payments in Bitcoin, Ethereum and even Dogecoin are accepted in the dedicated store. Yes, because the billionaire with a passion for basketball does not even disdain DOGE. Because, he says, the true value of cryptocurrency lies in the fact that it is used.
Translated: DOGE may not have a project underneath, but the crypto community likes it so much that it has increased its value, so it should not be neglected. On the contrary, some interesting projects can be wrecked because they are not used.
Of Ethereum, he believes it will be able to surpass even Bitcoin in the future , because it uses a faster blockchain and allows you to create applications.
But his latest love is called Polygon . In recent days it emerged that Mark Cuban would have invested in the former MATIC. It was Polygon herself who confirmed the investment .
Polygon aims to increase the scalability of Ethereum therefore the choice of Mark Cuban seems consequential. But it is not clear how much the investment is.
But his move caused MATIC’s price to rise from under a dollar to a peak of $ 2.3 and then retrace to 1.65.
It confirms that yes, even Mark Cuban can move the market and excite the community.