Dogecoin (DOGE) may have slapped key proponent Mark Cuban in hot water when he hit its lowest level against Bitcoin (BTC) in over half a year.
“Now guess it in bananas”
Data from Cointelegraph Markets Pro and TradingView show that DOGE / BTC is trading at 412 satoshis (0.00000412 BTC) on October 14, up from a high of 1,284 satoshis (0.00001284 BTC) in April.
With Bitcoin overtaking altcoins this month, the pain for Dogecoin investors is particularly intense after months of public campaigning by both Cubans and others, including the richest man in the world, Elon Musk.
However, nothing can reverse the fate of meme-based cryptocurrency and now frustrated commentators are even calling for an explanation.
Cubans suffered retaliation this week, with podcast host Preston Pysh pointing out that his Dogecoin offering on U.S. national television was at best – misdirected, at least.
– Preston Pysh (@PrestonPysh) October 13, 2021
A scholar Peter McCormack joined in the call for Cubans to comment on the situation amid their later criticism of Bitcoin.
Twitter users carried out Kuban’s claim that he would rather own bananas than BTC and poked fun at the declining purchasing power of Dogecoin, measured in fruit.
Cuban in August specified that he owns DOGE under $ 500.
DOGE has his appointment?
Meanwhile, Musk has turned to the combination of the cryptocurrencies that make up Dogecoin in its promotional efforts, these efforts showing tremendous returns even after innocuous comments.
See also: Elon Musk’s Tesla made $ 1 billion in profit from Bitcoin holding
One such coin, the Shiba Inu (SHIB), has since been sold heavily by major investors, the so-called whales.
However, the Tesla CEO didn’t escape the ire of bitcoiners earlier this year as his Dogecoin operations faced allegations of investor manipulation.
As Cointelegraph reported, altcoins are expected to experience a renaissance once Bitcoin hits its cycle high, which is currently expected in early 2022.