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Will dogecoin go up after Elon Musk SNL?

Posted on August 30, 2022 by Author

Will dogecoin go up after Elon Musk SNL?

Dogecoin Drops After Elon Musk’s SNL Appearance. It’s a Reminder to ‘Sell the News. ‘ Meme-based cypto currency Dogecoin is falling after Tesla CEO Elon Musk’s performance hosting Saturday Night Live.

Will Elon talk about dogecoin on SNL?

Elon Musk calls the meme-crypto Dogecoin the ‘future of currency,’ predicts it will ‘take over the world’ on ‘SNL’ Elon Musk said Dogecoin, a cryptocurrency that started as a meme, will “take over the world.” Musk added on “Saturday Night Live” that Dogecoin was “as real” as a dollar bill.

Will Elon Musk talk about dogecoin?

Tesla CEO and cryptocurrency supporter Elon Musk says he would never sell any of his dogecoin holdings. Bengaluru: Elon Musk, chief executive officer of Tesla Inc. and a supporter of cryptocurrency, said on Thursday he has not and will not sell any of his dogecoin holdings.

How did Elon Musk SNL affect dogecoin?

Dogecoin falls as much as 29.5\%, dropping to 49 cents, during Elon Musk’s SNL debut.

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Will dogecoin go up during SNL?

Elon Musk’s SNL appearance didn’t spark a Dogecoin price jump. Quite the opposite. Such Elon. Contrary to expectations, Elon Musk’s appearance on Saturday Night Live this weekend didn’t take Dogecoin “to the moon.” Instead, the price dropped significantly.

Why did dogecoin drop after SNL?

Dogecoin’s value plummeted immediately after. Investors figured that whatever happened on the show was probably not great for the investment. Originally created in 2013 as a joke, dogecoin suddenly became worth real money on crypto exchanges as Musk began getting behind it on social media.

What is Dogecoin and why is Elon Musk obsessed with it?

Dogecoin, the “joke” cryptocurrency that’s a favorite of Tesla billionaire and self-proclaimed “Dogefather” Elon Musk, has doubled in value this week, adding to its already mind-numbing gains this year.

Will Dogecoin hit $1 before SNL?

As dogecoin traders and investors pile into the meme-based token ahead of SNL, betting odds have revealed there’s a 40\% chance the dogecoin price will soar to $1—even after Musk warned people to “invest with caution.” sending the dogecoin price sharply higher.

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Why is the Dogecoin price rising?

The dogecoin price has soared as hype builds ahead of Musk’s hotly-anticipated appearance on comedy show Saturday Night Live (SNL), while analysis revealed exactly how much three stimulus checks would now be worth if they’d been used to buy dogecoin.

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