Did Mark Cuban Push Ether To New ATH?

---

Remarkably on Saturday was the fact that Ether reached a new all time high as Bitcoin continued to get support near the $60k price point, just off its own record of $61.5k.

The new high of $2,144 for Ether came only days after billionaire Mark Cuban explained why he kept so much Ether in his crypto wallet.

Staking AAVE

The Shark Tank star had mostly been known for staking AAVE (his crypto wallet was laid bare back in January) and being a fan of Dogecoin (which he bought for his 11-year-old son Jake) and NFTs, but as of late Cuban is appearing in many crypto podcasts and interviews along crypto-connaisseurs.

Given Cuban’s impressive background as an angel investor of so many companies that have gone on to make it big in the tech world, an endorsement from Cuban is a seal of approval for Wall Street.

Cryptocurrency Ether jumped to $2,000 and beyond after a move by Visa and some bullish words from from @mcuban https://t.co/Gch0XPkWwS via @markets @crypto

— Joanna Ossinger (@ossingerj) April 3, 2021

Therefore, the comments that he made about Ether this week on the Delphi podcast seem to have resonated with investors.

Cuban stated that:

I own a lot of Ethereum because I think it’s the closest to a true currency.

Investors took that to heart and sent Vitalik Buterin’s coin skyrocketing ever since, climbing both Friday and Saturday.

The owner of the Dallas Mavericks explained why he liked Ethereum so much, saying:

What really changed everything was smart contracts. Smart contracts came along, and that created DeFi and NFTs. That’s what changed the game. That’s what got me excited. That’s why it’s a lot like the internet.