 Welcome to another Dogecoin update the news just keeps coming out right so we're covering this but we've got some penny stock videos coming soon as well so don't worry about that but also we need to talk about this as well so Mark Cuban has also started to say that he would buy Dogecoin over a lottery ticket we'll go into this information and research we've got for you in this video I've got to say I'm not a financial advisor I'm a business teacher in my day life but I'm by no means an expert in the stock market or crypto so we'll go into this information for you if you could leave a like on the video that'd be fantastic as it gets up into the search results and then we get into the search results of people looking at Dogecoin right so thank you for any support on the channel that you can do to help get the videos up there in the search results right we'll go into the information today now as we know Mark Cuban is a very very successful entrepreneur he's actually was you know he's part he's part of Shark Tank which is a fantastic series and ultimately he's got a lot of credibility in the sense that when what he says people listen right so let's listen to what he said about Dogecoin before we do that I just want to mention the fact that Dogecoin is actually being starting to trend again on Twitter starting to trend again on Twitter now this Dogecoin phenomenon is happening because of the variety of the meme kind of aspect of it in terms of people are sharing it around it's getting it's getting that approach of just this marketing kind of genius in a sense the fact that loads of people share it around because of the meme aspect of it so it's going viral right so you've got this viral aspect to Dogecoin because of you know kind of jerk meme side to it but a lot of people are now knowing about Dogecoin and it's building up a lot of awareness in people's minds and also not only have you had Elon Musk tweeting about it not only have you had Mark Cuban tweeting about it you've now had Snoop Dogg that's actually tweeted about it which has posted a meme here and this one has got 158,000 likes and 33,000 retweets here so Snoop Dogg's even been talking about Dogecoin so and many of those are also talking about it there are influences and you know have a lot of following many of the people are talking about Dogecoin now we'll go into what Mark Cuban has said in in particular before I do that just if you can support the channel in any way do leave a like on a video subscribe to the channel we're trying to reach to 10,000 subscribers as fast as we can so in any way you can help out to reach that 10,000 subscriber goal we'll be greatly appreciated but I'll get right back into the information for you so we've had this recent article that's on CNBC it says Mark Cuban I'd buy Dogecoin over a lottery ticket lottery tickets are worse than any investment going to Mark Cuban so it's not a huge endorsement of Dogecoin in the sense that is just saying that you know anything's better than a lottery ticket right in terms of an investment which is right in that right he's correcting that in the sense that you know investments are there to make you money over time whereas a lottery ticket you've got a one in million million chance of actually winning anything significant so it's it's unbelievable that really if you think about it so he's correct in saying that you know investments are much better than than spending money on lottery tickets you if you spend 20 pound on the lottery every or 20 dollars or whatever on the lottery every every month or whatever you might as well put that into the your investments and let let it compound over time now obviously you would diversify in your investment so you can have crypto you can have penny stocks by the way we talk about penny stocks and growth stocks in this video not just crypto so if that sounds interesting to you then do subscribe but he's right in what he's saying here at Mark Cuban is in the sense that you know it is better than a lottery ticket at least but but it's also not an endorsement of Dogecoin itself which he hasn't gone that far but he's talking about it so you know just the fact that you've got a prominent figure such as Mark Cuban talking about Dogecoin this is a good thing this shows that Dogecoin is really starting to get into the mainstream now you know whether it's good or bad press you know its publicity and I think Dogecoin is getting a lot of that at the minute and it tends to be more positive than negative as well so just to read through the article further on CNBC here again CNBC mainstream news article now this wouldn't be covered by CNBC if it wasn't you know Elon Musk if it wasn't Mark Cuban if it wasn't these sorts of people talking about Dogecoin you know the more of these credible people that talk about Dogecoin and it's not exactly knocking Dogecoin right he's not saying that it's it's terrible he's just saying but he's not saying that it's fantastic either right but it's anytime these prominent figures that cover Dogecoin you know Elon Musk, Mark Cuban these these areas right it tends to get picked up by the mainstream news and loads of people who watch the mainstream news then actually you know hear about Dogecoin and that's in their mind and then that builds brand awareness it has this effect this overrunning effect over here so going through this what is it said so through billionaire investor Mark Cuban is warned people to be cautious of the cryptocurrency actually he also said the digital assets from digital goods to cryptocurrencies like Bitcoin will be the future of business so he's saying that you know you got to be careful with Dogecoin but essentially if you think of the social arbitrage and how much it's becoming well known I think that you know there is potential for Dogecoin and Cuban has invested in cryptocurrency himself both in business and personal in fact Cuban has an extensive cryptocurrency wallet which he shared on it's shared in Tuesday's Reddit he earns all these coins here he says what so what about Musk talked about Dogecoin he said the cryptocurrency was created as a parody in 2013 but it surged over 50% on Thursday after Elon tweeted his support and also had the attention of Reddit group that Dogecoin was based on the Doge meme which carrying on on this article it says here still even the surge Dogecoin is only priced at 0.0462 it's actually slightly higher than that and it says if I had to choose between buying a lottery ticket and Dogecoin I would buy Dogecoin Cuban tweeted that on Wednesday and he said but please don't ask me to choose between it and anything else so in one sense he said at least it's better than the lottery ticket in another sense that he's not fully behind Dogecoin right so his lottery tickets are worse than any investment according to Cuban indeed the odds of winning the recent billion dollar mega millions jackpot were one in nearly 302.6 million so it's interesting that Cuban is covering Dogecoin and it's some interesting information in this video right the fact that such a prominent individual it's covering Dogecoin is absolutely fantastic there the fact that that's been done again is not giving an overwhelming endorsement of Dogecoin is just saying that you know he would buy this over a lottery ticket at least and so it's not a overwhelmingly fantastic endorsement by any means if if at any right but it's interesting that you have an individual such as Mark Cuban talking about what was considered a jerk cryptocurrency but is now becoming more serious as more and more people become invested in it now I've got to say thank you for watching the video as well so I do appreciate all the support do like the video to get up into that YouTube search results and I will see everybody in the next one