Famous Artist: Not SHIB! I'm Holding This Meme Coin - Coinleaks
Current Date:September 16, 2024

Famous Artist: Not SHIB! I’m Holding This Meme Coin

O’Shea Jackson Sr., known as “Ice Cube” in the rap community, announced in a recent tweet that he is a member of the Dogecoin (DOGE) community instead of SHIB.

Ice Cube admits to being a member of the Doge community

Ice Cube ” O’Shea Jackson Sr.”, Dogecoin of Bill Lee, founding member of MyDoge wallet He responded to a tweet stating that he would purchase some Fire-Tier versions of Aliens from Big3, founded by Ice Cube, if they agreed. The legendary rapper responded with a tweet showing his support for Dogecoin and his willingness to accept it as payment.

Next, Lee’s 25 of BIG3’s Aliens He announced that he purchased the Fire-Tier version for $600,000 in Dogecoin. This is also an all-time record. This is the first time in DOGE’s history that a single transaction has seen a sale of this magnitude.

The Big3 is a professional basketball league founded by Ice Cube and entertainment giant Jeff Kwatinetz and currently consists of twelve teams. According to Lee, Big3 has chosen to sell the rights to teams as non-franchising NFTs that provide licensing/IP, team voting/management and commercial selling rights to one individual.

Dogecoin and SHIB underperform despite all adoptions

Adoption and use of popular meme coins failed to move prices much even as the crypto market added 5%. As we have covered in the analysis of Cryptokoin.com , DOGE and SHIB prices remained stagnant as the market rose during the day. They experienced an additional 2% drop in selling surrounding the entire altcoin market at current levels.

The relative poor performance has resulted in both ecosystems seeing a fundamental growth in their core communities. came though. Dogecoin was used to fund the acquisition of a controlling stake in BIG3 league basketball team Aliens, and Shiba Inu developers have begun allowing community members to use SHIB to mine virtual land in Shiba Inu’s recently launched metaverse. As I mentioned above, MyDoge founder Bill Lee bought NFTs offered by Aliens exclusively for DOGE, giving him a controlling stake in the team. The MyDoge brand will be featured on Aliens team jerseys, events, and BIG3 broadcasts as part of the acquisition.