Dogecoin plunges nearly 30% during Elon Musk's SNL appearance

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While Elon Musk hosted SNL, the price of dogecoin fell off a cliff.

Dogecoin falls as much as 29.5%, dropping to 49 cents, during Elon Musk's SNL debut.In this article

Pictured: Musical guest Miley Cyrus, host Elon Musk, and Cecily Strong during Promos in Studio 8H on Thursday, May 6, 2021.As Elon Musk – the self-proclaimed "Dogefather" – made his "Saturday Night Live" debut, the price ofThe meme-inspired cryptocurrency fell as much as 29.5%, dropping to 49 cents at one point. Musk mentioned dogecoin in his opening monologue and on "Weekend Update," SNL's satirical news show.

The price of dogecoin began to rebound during the "Weekend Update" skit. As of this writing, it is worth 57 cents, down about 17% from the beginning of the show.The company

 

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SNL sucks the big one, to political! lost track of comedy and a-bunch of Dickheads running the show

ShameOnYouIsrael

And in other breaking news, megtirrell has no idea what she is doing when cheerleading about COVID-19….

- 40 %. Lol.

Elon was amazing.

Buy the DIP!

Very nice❤️

it’s a smokescreen... to get the sheep to selloff, so they can grab their shares at a cheap price..they do this when the attention on it is at it’s greatest... master manipulators of the weak minded & scared money! they’ve been doing it for thousands of years! dodgecoin

So? It's still 1. Blast music 🎶: 2. Buy Dip 3. 💎🙌🏾 Let's go dogearmy dogetothemoon DogeToAdollar DogeFam Dogecoin DogecoinRise

People make investment decisions based on SNL? Sucker born every day.

That was the plan

SNL desperately needs new writers and 70% of cast should be replaced. It’s been unwatchable these past few years.

Time to buy

Nothing like playing the crypto kid and investing solely on Elon’s tweets and wallstreet bets.

Speculators who thought of buying more are just dumb. It can't be a bargain if it has no underlying value.

We'll I think the magic only works through his tweets!😂

Now more people can join in to the future currency of Earth. It's a Masterplan.

My investment is failing. moronsmoney

As he mentioned that Dodgecoin is just a hustle

Sahi hua

Nice Neqab or thefts Cowbys 😂

I could not care less what any of you Dogecoin haters think. If you hate making money, then that is your stupidity. Even though morons disparage it, whales short it, and paper hands can't HODL it, I and many others have made a ton of money.

Due to RobinhoodApp not because of anything else so it allowed the whales to dump and panic buyers sell. $Doge is here to stay. I’m HODLing and it it dips further, I’m re buying. DogeCoinTo1Dollar

Who would have thunk it 😂

Lmao

His performance must have been terrible

codeARMO Look at all these crybabies getting their panties in a bunch over Dogecoin taking a dip😂😂😂 You people don’t deserve to get into crypto.

Elon Musk is elegant even in a sanitary mask. Further success, health and happiness to him! He is a brilliant engineer and a great organizer. His mission to the moon will be successful.

What do you expect! He pumped it to dump right before SNL to increase Tesla earning for next quarter.

No shit

Sold em for shiba

Everyone knew that was happening and you were probably told by multiple people

Wow. This means the average Dog 💩 investor lost $21.35. Thankfully, at the average age of 11, they should have plenty of time to pick up and start all over again.

Dogecoin is a shitcoin that’s it.

OliV1986 Fake money fatally decreasing in value coupled with a totally useless PR stroke job to make a billion dollar mannequin seem like a real boy . 🤔 Sounds suspicious. GetVaccinated WearAMask

still not buying your vehicles, living on the government tits for contracts is better anyways.

First XRP✅ Second DOGE✅ Third SAFEMOON Watch my words Elon buy crypto that has higher community thus he can lift the price up📈 Enough liquidity & target price he will dump all his position🎯

Dropped to $.45 cents and went back up to $.59 and is gonna keep going up, just like the last dip and the one previous that one etc.... You know like every freaking stock/crypto, because nothing goes just up but never down lol

The performance was so bad they killed it(Dogecoin).

Yeah, but what is Dogecoin?

It’s still up 40% for the week and almost 800% for the month. I don’t know why the headlines constantly make the dips out to be so devastating. dogetothemoon buythedips

BAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Should have done a 'Dogefinger' skit.

He played role to hike the coin price up and now he played to make people lose their money. He failed to value people’s trust on him

AKA Monopoly money.

Very often, these types of events give big sellers the volume they need to exit. At least that’s the way it works in the stock market.

He did what he did to cash in..is normal

Oh, that means Ima buy some more.

bts_adewale

So….. Everyone on that show was just having fun.

dogecoin to the moon🚀🚀🚀🚀🚀 everything its okey , This is a global market! With low and high hodl guys join us

Overblown to stoke fear. The price alone allows for any bigger than average movement to seem more than what it is. No big deal here.

This is joke

Buy the dip

BTFD!

SHOULD LEARN PROPER MASK NO SHOW FACES IN INDIA NO MASK IN THE FRONT OF CAMERA CORONA EVERY THING IS IN OUR HANDS PORPER MASK NOSE/MOUTH PROPERLY COVERED DO CLEAN ALSO GARGLE/STEAM WITH ALUM WATER STAY HOME AVOID RUSHED AREA PROTECTION IS BETTER THAN CURE MASK IS UMBRELLA/SHELTER

Lmao 😂 buy the dips they say

The awkward moment when actual crypto is up

$DOGE will continue to fall. It's not built for the people.. Shiba Token $SHIB has been found and It's built by, and for, the people.. AllAreWelcome ShibaArmy

You can get doge at a discount and consider yourself lucky. 😉

That’s ok. Elon was thoroughly entertaining. The art of not taking oneself seriously needs to make a comeback.

When zero

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