US businessman Mark Cuban, owner of the Dallas Mavericks, one of the NBA teams, announced in a recent interview the two cryptocurrencies he invested in. Cuban stated that he has invested significant amounts in two cryptocurrencies, Ethereum (ETH) and Polygon (MATIC), due to their strong role in the crypto ecosystem and wide use cases.
Mark Cuban’s Commentary on ETH and MATIC
US businessman Mark Cuban talked about the cryptocurrencies he has invested in significant amounts in his recent interview with the crypto money analyst known as “Crypto Banter” on his social media accounts. Cuban stated that he has invested significant amounts in these two cryptocurrencies, Ethereum (ETH) and Polygon (MATIC), due to their strong role in the crypto ecosystem.
Sharing his positive ideas about MATIC, saying that Polygon has done great work, Cuban added that it will be seen in the future whether the transaction fees in the Ethereum network can be resolved with ETH 2.0.
Mark Cuban Assessed the Current State of the Crypto Ecosystem
Mark Cuban stated that all blockchains are in a race, but projects with a wider real use case can progress in the long run. Stating that any crypto-based application has not yet gained a large user base, the US businessperson said that applications that can attract a large number of users, such as popular social media platforms, can make a difference in the crypto ecosystem in the future.
The information contained in this article does not constitute investment advice. Investors should know that cryptocurrencies carry risks due to their high volatility and should perform their transactions in line with their own research.