The Value of Elon Musk's Favorite Cryptocurrency Apparently Plummeted During His SNL Debut

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How did Elon Musk’s Saturday Night Live hosting debut go last night? Not great, according to the plummeting valuation of Dogecoin, the literal cartoon billionaire’s personal favorite cryptocurrency. CNBC reports that the value of Dogecoin—a cryptocurrency that basically began as a joke about seven years ago only to actually make people rich earlier this year, in part thanks to the Tesla and Space X CEO’s tweets declaring it “the people’s crypto” in February—fell nearly 30% during Musk’s opening monologue, though it managed to rebound a bit by the time his bit on Weekend Update aired.

hosting debut go last night? Not great, according to the plummeting valuation of Dogecoin, the literal cartoon billionaire’s personal favorite cryptocurrency.

cryptocurrency that basically began as a joke about seven years ago only to actually make people rich earlier this year, in part thanks to the Tesla and Space Xit “the people’s crypto” in February—fell nearly 30% during Musk’s opening monologue, though it managed to rebound a bit by the time his bit onWhat does that actually mean in normal-people terms? I resent you for asking me to try and find...

 

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Currency manipulation fail, basically.

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Dogecoin Down Nearly 40% From Record Value After Elon Musk ‘SNL’ AppearanceThe coin plummeted in value to $0.45, tarnishing investor hopes it would soar past $1 “to the moon.” 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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Dogecoin Value Tanks During Elon Musk's 'SNL' Hosting GigElon Musk did well for himself on 'SNL' Saturday night, but his appearance did NOT do well for Dogecoin ... because its value plunged during the show. Lmfaoo. I know i should laugh . SHIBARMY Buy the dip 🚀
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Elon Musk earns mixed reviews as first-time 'SNL' host: 'More like Elon Bust'Dogecoin proved to be the big casualty of Elon Musk's divisive hosting gig — the cryptocurrency's stock took a steep nosedive after Musk's mention KaivanShroff Proof that with good writers, anyone can be on SNL.
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