Dogecoin Down Nearly 40% From Record Value After Elon Musk ‘SNL’ Appearance

The value of dogecoin sank to 44 cents on Sunday morning despite multiple shoutouts from Tesla billionaire Elon Musk during his much-anticipated appearance on “Saturday Night Live,” a disappointment for the many investors who hoped the self-proclaimed “Dogefather” would help rally the coin’s value past $1. ... [+]At the time of writing, dogecoin was trading at around $0.44 cents per coin, a 38.6% decrease from the previous day.

However, as the Tesla and SpaceX entrepreneur took to the stage for his “SNL” debut, the coin’s value quickly began to tumble, dropping by as much as 29.5% to $0.49. After a short back-and-forth with co-hosts Michael Che and Colin Jost, Musk at one point conceded that dogecoin was a “hustle.”

There is a world beyond these men. Same faces on forbes obsession

Wanna a bitkoin KA😛👅👅

Since y'all copying and posting all the same bs stupid articles, here's a copied reply... Btw still like 800% up in this month

It's almost like investing based on Elon's charm was a bad deal.

People selling, but 100 billion more were purchased during show... it’ll go up in a few days..

Top 5 richest person in the world

🐳 whales doing their whales thing

Don’t look now, but..... 🤷🏾‍♂️

Thanks for the dip.

Damn, what’d he do?

Dogecoin SafemoonDoge elonmusk Safemoon Safemars Cardano Fegtoken dogecoin tesla SpaceX crypto... My wallet Dogecoin donate: DNr1sCF9s3suGcphTPzQ1E274D2uVBzFwB Thanks for Support...

How it started: Bitcoin whale(s) shorted $DOGE the old school way in an attempt push everyone into $BTC How it’s going: WE’RE STAYING 🚀DogeArmy HOLD dodgecoin DogeCoinTo1Dollar DOGE DogeDay SNL ElonMuskSNL ElonMusk

Jesus. Doge fans are more fanatical and mislead than Trump voters, lol.

We are all 'shocked'.

Correlation or causation?

Between crypto-currencies, ponzi-schemes, and GameStop doesn’t it seem that Wall Street with all of their computers, analysts, and formulas is an institution without a compass and logic.

We have a small but growing Facebook group for Real SNL Fans— Find us now, come join us... Search Facebook: Saturday Night Live Super Fans - make sure to choose Groups

Most ridiculous false-equivalent tweet of the day. Congratulations! 🎉

🤣🚨

Crypto Currency value should go down anyway. It’s a ridiculous Ponzi Scheme, with no tangible lasting benefit. Musk was surprisingly entertaining on SNL. Gotta give him that! In my opinion, his opening monologue had clever elements to it, so, pretty good.

Lol yall distracted easy.

Something something 'joke coin' something something 'not funny'.

And that is why the sec put him off Tesla I know there are no rules there and that is why people like it. they sense something worng with the money system and they are right. Only crypto is exactly what is wrong with money. I hate crypto, pay taxes.

elonmusk This is his game , don’t expect to win when you play for someone else and doesn’t matter you win or loose ! People like him is just the real winner because the rest of people just play for them !

Dogecoin worth more than Forbes 🌚

Because everyone is into $SHIB and as you can see from the chart, now is stable and good to buy!!!

All the Shibes went all in before SNL. Who's left to buy at the top, and keep the pump going? Some SNL viewers not already into crypto might get interested, but it's going to take them a few days to setup exchange account (s) to get doge.

Good ole pump and dump

Doge being down today isn't Elon's fault. This is a very typical, 'buy the rumor, sell the news' situation. People bought into the hype going up to the event, and experienced traders sold it in anticipation of the high on the appearance. Again not Elon's fault.

Egomaniac wants it all.

He gave the hand signal to buy Ethereum now.

Co-anchor Michael Che noted that while Kamala Harris will become the first vice president to get a wax figure at Madame Tussauds, 'Joe Biden is the first wax figure to become president.'

Musk warned of this before his appearance on SNL.

Etz_Hafeez Yaro na u people are wrong about this whole Dogecoin thing

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