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Dogecoin scores a clean basket!

Dogecoin has now officially become a part of the Big3 basketball league as the founding chairman of MyDoge Bill Lee has bought 25 fire-tier editions of the Aliens, a team in the Big3. The founder of Big3, Ice Cube, is an American rapper who chose to sell the team’s rights using NFTs. 

The NFT collection included 25 fire-tier NFTs, which gave the owner controlling rights of the Killer 3’s licensing, intellectual property and league-approved items. MyDoge has purchased all the 25 NFTs, following which Big3 will adopt Dogecoin and integrate MyDoge, a self-custodian Doge wallet, with the team. 

As a result of this integration, players, coaches and team members can earn Dogecoin tips on Twitter with a single tweet. Moreover, Aliens will prominently display MyDoge and Dogecoin proudly on the team jerseys, events and broadcasts. 

Bill Lee mentioned in a press release, 

“The Doge Army and I look forward to making Dogecoin the people’s currency while helping our team hoist the championship trophy. I can’t think of a better NFT experience than that today,” 

Other Doge News

Dogecoin has been making rounds in the crypto industry. What started as a joke has now become the leading memecoin with support from big players such as Elon Musk. However, with the popularity increase, the transaction costs have also been increased by 48%, which is understandable considering there has been over $100,000 worth of transactions in the last 24 hours. 

Dogecoin is currently trading at $0.134 after reaching the peak of $0.137 earlier this week. This peak can be accounted to the fact that Bitso, a Mexican crypto exchange, added support for the memecoin and Gucci, the high-end luxury fashion brand, started accepting Bitcoin as an official mode of payment. 

It would be interesting to see what the future holds for the meme token and its holders.

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