Dogecoin dives during Elon Musk’s ‘SNL’ host

Dogecoin dives during Elon Musk’s ‘SNL’ host

Elon Musk’s “Saturday Night Live” hosting gig did not send Dogcoin to the moon – instead, it slipped by 21 percent during the broadcast, despite multiple mentions of the SpaceX founder’s favorite cryptocurrency.

The meme currency started the day at a high of $ 0.73, and SNL sold for $ 0.63 due to NBC’s Studio 8H going live at 11:30 p.m. According to the price history of Coindesk.

Musk referred to the currency as the Mother’s Day present for his mother, who was on hand during their monologue, with the property reduced by six cents.

“I’m excited for my Mother’s Day gift,” said Musk’s mother. “I hope it’s not Dogecoin.”

By 12:29 pm, the currency had fallen to $ 0.50. According to the site, the show closed at $ 0.56 before the show closed.

Musk also told the audience that he has Asperger’s syndrome during the opening speech.

The Tesla CEO also did a Q&A about the currency on the Weekend Update segment, which poked fun at the cryptic nature of the coin.

A sketch at the end of the comedy show also mocked the initial postures.

The day before the show, Musk warned investors to be careful when trading DogCoin and other currencies.

“Cryptocurrency is promising, but please invest with caution!” He tweeted.

Saturday’s instability came after crypto CEO Barry Silbert announced on Twitter that he was Bet against doge, Which started as a joke.

“Okay $ dog peeping, enjoyed it.” Welcome to crypto! But now the time has come to convert your DOGE into BTC, Silbert wrote.

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