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The leading meme coin DogeCoin was originally launched as a joke by its co-founders in 2013 had reached a market cap of over $65 billion in May. Shark Tank star and billionaire owner of the NBA team Dallas Mavericks, Mark Cuban, is rolling out the coin for payment with the help of BitPay, which is providing it as a payment option for merchants and consumers. Elon Musk is also involved with the coin, with the backing of celebrities like Tesla's Elon Musk and Shark Tank’s Mark Cuban.