Famous rapper and actor Ice Cube prefers to support another meme coin instead of SHIB. Dog-themed cryptos are seeing worldwide adoption, from restaurant chains to hotels and rental car companies. Who owns which meme coin is very important for the community.
Ice Cube supports this meme coin, SHIB is out
Rapper, actor and filmmaker Ice Cube has announced that he supports Dogecoin instead of SHIB. Yesterday, Dogecoin Foundation director Timothy Stebbing tweeted about a meeting with Ice Cube as Dogecoin prepares to integrate into the Big3 league. Big3 is a professional basketball league. Popular in America, the organization was founded by Ice Cube and entertainment executive Jeff Kwatinetz. The team’s rights were sold using NFT. In fact, NFT sales were on the agenda in the crypto money market.
As we have mentioned in Cryptokoin.com news Bill Lee, co-founder of MyDoge, a Dogecoin wallet, has purchased all 25 fire-tier editions of Aliens, a Big3 team. Thus, the ties between Big3 and Dogecoin were strengthened by this trade.
Big3 adopts Dogecoin as a result of acquisition
Dogecoin is a cryptocurrency backed by Tesla and Twitter. These two giant companies announced their DOGE integrations in the past months. Dogecoin uses the MyDoge wallet for this. MyDoge/Dogecoin will also be featured prominently by Big3’s outsiders on team jerseys, events and broadcasts.
Price analysis, whales pile up as Dogecoin and SHIB drop
Dogecoin has lost 20% in the past 24 hours, according to data from CoinMarketCap. Thus, the depreciation since last week exceeded 30%. Now Doge is trading at $0.05325, losing 90% from ATH price. Additionally, it is about to record the fourth consecutive daily red candle amid continued selling.
On the other hand, Binance benefiting from the drop continues to buy whales in large quantities. This is despite the fact that the market is currently experiencing a sell-off.
However, according to data provided by WhaleStats, DOGE has It is one of the top 10 most bought altcoins by the 100 largest and 500 BSC whales.
As it is known, Dogecoin is a typical whale token. Dogecoin ranks in the top 10 among the 100 largest BSC whales in the last 24 hours by trading volume. As of now, the top 1,000 BSC whales tracked by WhaleStats “hold” DOGE for a total of $40,170,185.
Finally, the Shiba Inu (SHIB) fell 16% in the last 24 hours to $0.000007635. It has lost more than 30% since last week.