Mark Cuban Dogecoin DOGE Has More Applications Than Cardano ADA

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Samael Gomez

Billionaire investor Mark Cuban believes that while the opportunity for Cardano as a smart contract platform may be greater, Dogecoin still has more potential applications for the time being. At press time, Cardano had a market cap of $17.8 billion, while DOGE had $9.2 billion, according to CoinMarketCap data. Blockchain-based cryptocurrency projects are still a business, Cuban said, no matter how they are positioned or how high their market cap is. After assessing the number of transactions on the Cardano blockchain, Cuban said he failed to see any great impact from the cryptocurrency.