Michael Che USA Saturday Night Live show Dogecoin Michael Che USA

Elon Musk’s ‘Saturday Night Live’ comments cause the price of dogecoin to tumble

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Saturday Night Live.The Tesla and SpaceX CEO spoke about dogecoin, which has risen in value by 14,000 per cent since January to become the fourth-largest cryptocurrency by market value, while guest-hosting the long-running US live variety show on Saturday (May 8).Musk, who has been a prominent supporter of dogecoin and previously referred to himself as “the Dogefather”, discussed the cryptocurrency during one of SNL‘s ‘Weekend Update’ segments where he was repeatedly asked “what is dogecoin?”“It’s the future of currency,” he said at one point in reference to dogecoin during the sketch. “It’s an unstoppable financial vehicle that’s going to take over the world.”Pressed by SNL castmember Michael Che to further explain dogecoin, Musk.

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