Colin Jost Michael Che show reports Dogecoin Colin Jost Michael Che

Elon Musk’s Favorite Cryptocurrency Dogecoin Plunges After ‘SNL’ Mentions

Reading now: 339
deadline.com

Fears that Saturday Night Live guest host Elon Musk would use the platform to hype cryptocurrency Dogecoin proved largely unfounded.This morning, the air has been let out of the Dogecoin balloon by speculators.

The coin rose as high as 73 cents on some exchanges last night before plunging to around 48 cents as of this report, a drop of more than 26 percent.Dogecoin’s price started to fall at the 11:30 ET/8:30 PT start of SNL, and the plunge accelerating as the show ended.While Musk did use Dogecoin as a foil through the show, it was mentioned mostly for comic effect.

The one tout came in the “Weekend Update” segment, where “financial expert” Musk has trouble explaining exactly what the coin was to the baffled Michael Che and Colin Jost.

Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA