A professional basketball league co-founded by rapper Ice Cube announced a way for fans and investors to purchase teams. That news led to Dogecoin (CRYPTO: DOGE) and Solana (CRYPTO: SOL) being involved in several large transactions for teams. Here’s the latest.
What Happened: Technology and Dogecoin investor Bill Lee, who is the chairman of MyDoge and co-founder of Craft Ventures, purchased all 25 fire-tier editions of the Aliens, a team in the Big3. The BIG3 is a professional 3-on-3 basketball league co-founded by Ice Cube.
The purchase price was around $600,000 and is the largest commercial Dogecoin cryptocurrency transaction in history, according to Wednesday’s press release. MyDoge is a self-custodial Dogecoin wallet and is incorporating MyDoge and Dogecoin into the fold.
“Having buy-in from Bill, who has done so much in the NFT and crypto world, confirms what we are doing here is a game-changer,” BIG3 co-founder Jeff Kwatinetz said. “We are thrilled to partner up with Bill and have the MyDoge and Dogecoin communities be represented by the Aliens. We have made history with this transaction.”
yo @icecube - if ya dig doge, me and the #DogeArmy will take one as well. @MyDogetip @thebig3 Ð4,615,420.69