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Dogecoin plunges nearly 30% during Elon Musk’s SNL appearance – NBC4 Washington

  • During Elon Musk’s SNL debut, Dogecoin fell 29.5% to 49 cents.
  • During the enthusiastic sellout, Robin Hood experienced a suspension of its crypto trading.

When self-proclaimed “Dogefather” Elon Musk made his “Saturday Night Live” debut Dogecoin I fell off a cliff.

Cryptocurrencies inspired by memes fell by as much as 29.5%, temporarily to 49 cents. Musk mentioned Dogecoin in the opening monologue and SNL’s news satire “Weekend Update.” In a question-and-answer session between hosts Michael Che and Colin Jost, Musk called himself a “doji father,” and Dogecoin was a “hustle,” barking “to the moon.” To $ 1.

Dogecoin prices began to rebound during the “Weekend Update” skits. At the time of writing this article, it’s worth 57 cents, down about 17% from the start of the show.

Some Robin Hoods during the enthusiastic sellout User complained Robin Hood’s crypto trading wasn’t working.

the company Confirmed stop On Twitter.Service was restored with Less than an hour.

This is not the first time Robin Hood has missed a major Dogecoin trading volume.Last month, the trading platform said the customer experienced “Sporadic crypto order failure” During the Doge Coin Rally.

Wall Street didn’t expect a downturn.

“Mask, also known as the Dog Efather, definitely has a cryptocurrency sketch, probably infected with the virus for a few days, further motivating his follower’s army to send Dogecoin to the moon. Let’s do it Written by Edward Moya, May 4th memo, Oanda’s senior market analyst.

During the show, Dogecoin fans were on Twitter, and Live stream On YouTube, I was devoted to watching SNL and tracking Dogecoin movements.

TeslaElectric rivals decided to make the most of getting the attention of Mask fans by purchasing airtime. Clear, Ford And Volkswagen I ran all the ads. Tesla does not specifically advertise on TV.

Musk mentioned one rival tonight. “I was able to say something really shocking, like driving a Prius.”

Disclosure: “Saturday Night Live” is a television show on CNBC’s parent company, NBC Universal. CNBC owns the exclusive off-network cable rights to “Shark Tank” with Mark Cuban as a panelist.



Dogecoin plunges nearly 30% during Elon Musk’s SNL appearance – NBC4 Washington

Source link Dogecoin plunges nearly 30% during Elon Musk’s SNL appearance – NBC4 Washington

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