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One of the most vocal supporters of Dogecoin DOGE/USD has been entrepreneur and NBA team owner Mark Cuban. Tweets made by Cuban and Tesla CEO Elon Musk have been known to drive the price of Dogecoin higher as they help validate the meme cryptocurrency.

Heres a look at how investing in Dogecoin when Cuban made an announcement involving the crypto would have turned out.

What Happened: On March 4, 2021, Cuban announced that the National Basketball Associations Dallas Mavericks would accept Dogecoin as payment for tickets and merchandise.

The Dallas Mavericks are a long-time enthusiast of cryptocurrency, opening up new opportunities for the team to sell tickets and merchandise to its global MFFL fan base, said BitPay CEO Stephen Pair at the time. BitPay worked with the Mavericks to be able to accept Dogecoin for transactions.

Related Link: How To Buy Dogecoin

One of the explanations Cuban gave as to why the Mavericks made the decision to accept Dogecoin was Because we can!

The Mavericks have decided to accept Dogecoin as payment for Mavs tickets and merchandise for one very important, earth shattering reason, because we can! Cuban said at the time.

Cuban said sometimes you have to do things that are fun and could generate a lot of PR for your company or team.

The Mavericks reported $122,000 in Dogecoin transactions over its first month and saw several 24-hour records set after announcing Dogecoin acceptance for merchandise.

In August 2021, the Mavericks launched a promotion to support Dogecoin further by offering a free $25 e-gift card to anyone who used Dogecoin for merchandise purchases of $150 or more.

The early support for Dogecoin and the promotion by the Mavericks wasnt lost on Dogecoin co-founder Billy Markus.

If you wanna support one of the first big name vendors to evangelize DOGE for purchases, as @mcuban says, Its ready for you, Markus tweeted at the time.

Cuban revealed later in 2021 that he personally owned $494 in Dogecoin, and the Mavericks owned whatever they had collected from the merchandise and ticket sales.

If I had to choose between buying a lottery ticker and #DogecoinI would buy #Dogecoin, Cuban tweeted in February 2022.

Investing With Cuban, the Mavericks: Sometimes big events in the cryptocurrency or Dogecoin world can be catalysts that drive the price higher.

Dogecoin hit a high of $0.05109 on the day of the Mavericks March 2021 announcement. A $1,000 investment in Dogecoin at the time could have purchased 19,573.30 Dogecoin.

Based on a price of $0.07227 at the time of writing, the same $1,000 investment would be worth $1,414.56 today. This marks a 41.4% return in 22 months.

Dogecoin hit an all-time high of $0.7375 in May 2021, a couple of months after the Mavericks began supporting the cryptocurrency. The $1,000investment based on the March announcement would have been worth $14,435.31 at its peak in May 2021. This represents a hypothetical return of 1,343.5%.

Dogecoin has traded between $0.04972 and $0.2032 over the last 52 weeks.

Read Next:Mark Cuban: Dogecoin Was 'Real Money For Us' Until People Lost The Vibe For It

Photo: courtesy ofGage Skidmoreon flickr

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Waltrip latest to join AF1 Nashville’s ownership

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Waltrip latest to join AF1 Nashville's ownership

NASHVILLE, Tenn. — Two-time Daytona 500 winner Michael Waltrip has joined the ownership group of the Nashville Kats, a founding franchise of the Arena Football 1 league.

The Kats announced Waltrip joining the group Friday along with his craft beer company Michael Waltrip Brewing. The ownership group already includes former NFL coach Jon Gruden with Jeff Fisher, a former coach of the Los Angeles Rams and Tennessee Titans, majority owner.

“We now have three living legends attached to the Nashville Kats — Jeff Fisher, Jon Gruden, and Michael Waltrip — all with the ultimate goal to win championships and raise the AF1 to its ultimate potential along with any team associated with the AF1,” said Bobby DeVoursney, the Kats’ CEO and managing partner.

Waltrip’s brewery now is the team’s official craft beer. The team also plans a “Waltrip Winner’s Circle” fan zone for the upcoming season.

The Kats play the Southwest Kansas Storm on Sunday in Clarksville in the AF1 semifinals.

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Trump’s update on Iran timeline is significant – but it still keeps everyone guessing

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Donald Trump weighing up many risks before possible US strike on Iran

This is the most significant statement from the US president in days, though it still keeps everyone guessing.

In a message conveyed through his press secretary, he is giving diplomacy up to two weeks to work.

“Based on the fact that there’s a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks,” Karoline Leavitt quoted him as saying.

It is not clear what “whether or not to go” entails.

Israel-Iran conflict: Latest updates

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Trump: Iran ‘weeks away’ from nuclear weapon

We know that he has been given a spectrum of different military options by his generals and we know that the Israelis are pressuring him to use American B2 bombers with their bunker-busting bombs to destroy Iran’s nuclear facility at Fodow.

The Israelis are encouraging no delay. But against that, he is weighing up many risks, both military and political.

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Militarily, it is not clear how successful a bunker-busting strike on Fordow would be.

Experts have suggested it would require several of the massive bombs, which have never been used in combat before, to be dropped on the site.

It is not as simple as one clean strike and job done.

Politically, the president is under significant pressure domestically not to get involved in Iran.

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MAGA civil war breaks out over Iran

Within his own MAGA coalition – influencers, politicians and media personalities are lining up in criticism of involvement in the conflict.

One of those leading the criticism, his former chief strategist Steve Bannon, who maintains huge influence, was seen entering the White House on Thursday.

His press secretary reiterated to us that the president always wants to give diplomacy a chance and she confirmed that his Middle East envoy Steve Witkoff has spoken to the Iranian foreign minister Abbas Araghchi.

Steve Bannon speaks at a conservative conference in Maryland earlier this month. Pic: AP
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Steve Bannon, seen recently at a conservative event in Maryland, is against US involvement in Iran. Pic: AP

European leaders, including the UK foreign secretary David Lammy, who is in Washington, are meeting Mr Araghchi in Geneva on Friday.

The two-week window – assuming it lasts that long – also gives space to better prepare for any strike and mitigate against some of the other risks of US involvement.

Read more from Sky News:
Is Trump losing his MAGA support?
Gantz defends conflict with Iran
‘Love Trump’ says Israeli minister

There are 40,000 troops in bases across the Middle East. It takes time to increase security at these bases or to move non-essential personnel out. It also takes time to move strategic military assets into the region.

The USS Nimitz aircraft carrier and its support vessels were redeployed from the Indo-Pacific on Monday. Their last known position was the Strait of Malacca two days ago.

The Nimitz Carrier Group will overlap with the USS Carl Vinson group which was deployed to the Middle East in March.

The potential two-week window also allows for more time for a ‘day after’ plan, given that the Israeli strategy appears to be regime change from within.

Since the Israeli action in Iran began last week, the worst-case scenario of mass casualties in Israel from Iranian attacks has not materialised.

The president is said to be surprised and encouraged by this. “Israel has exceeded a lot of people’s expectations in their abilities,” press secretary Karoline Leavitt said.

The Israeli success, the absence of a mass casualty event in Israel, and the lack of any sustained counterattack by Iranian proxies in the region remove reservations that previous presidents have had about taking on Iran.

That said, sources have told Sky News that the president is determined that the diplomatic solution should be given a chance despite current pessimism over the chances of success.

A critical two weeks ahead.

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Trump’s two-week timeline: What next for Iran?

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Trump's two-week timeline: What next for Iran?

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White House press secretary Karoline Leavitt has said Donald Trump will make a decision on whether to militarily strike Iran in the next two weeks. That’s as diplomatic talks between Western governments and the Iranians ramp up.

In today’s episode, US correspondents Mark Stone and Martha Kelner unpick why the delay might be, and the competing voices in the ears of the president.

If you’ve got a question you’d like the Trump100 team to answer, you can email it to trump100@sky.uk.

Don’t forget, you can also watch all episodes on our YouTube channel.

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