Dogecoin has crashed 75% against Bitcoin since Elon Musk's SNL appearance

Dogecoin has crashed 75% against Bitcoin since Elon Musk's SNL appearance

DOGE price has more room to decline despite Elon Musk's visible efforts to revive its upside boom. Dogecoin (DOGE) may be back in the top-ten cryptocurrency by market capitalization, but its loses in both USD and Bitcoin (BTC) terms since Elon Musk's SNL appearance are considerable.Dogecoin loses Musk-effectThe DOGE/BTC trading pair has fallen 75% after peaking out at 1,287 satoshis on May 9, 2021, a day after Musk was a guest host on Saturday Night Live, including a sketch titled “The Dogefather.”DOGE/BTC daily price chart. Source: TradingViewBefore his appearance, the billionaire....


Related News

What Elon Musk’s SNL Appearance Could Mean For Bitcoin & Dogecoin

To much surprise, Elon Musk will be hosting Saturday Night Live this upcoming May 8th, marking one of very few CEOs to ever do so. His appearance is also a potential opportunity for Bitcoin and Dogecoin to get some airtime on a grand stage. Here’s what the Tesla and Space X CEO’s appearance on SNL […]

Elon Musk Brushes Off SNL Fail, Plans To Literally Send Dogecoin To The Moon

The Tesla and SpaceX CEO Elon Musk said he plans to launch the Doge-1 satellite in Q1 2022. This project will be funded entirely using Dogecoin, making it the first cryptocurrency and meme in space, in Musk’s words. This comes following the negative market reaction to Musk’s SNL appearance during the weekend, in which he […]

The Dogefather Won’t Save This Dogecoin Dip, Here’s Why

Since Elon Musk appeared on SNL in May, Dogecoin has crashed more than 75%. On Tuesday, the meme coin became the worst performing digital currency as investors fled. Dogecoin Unholy Romance With The Dogefather Earlier in the year, Elon Musk began tweeting about Dogecoin. His tweets served as a good signal for crypto investors as […]

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogef...

The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will be mentioned to some degree on the show. Dogecoin Captures a $50 Billion Market Cap This weekend, dogecoin (DOGE) has started to surge again, as the token featuring the likeness of the Shiba Inu dog is nearing the asset’s all-time high (ATH). The last dogecoin ATH was two weeks ago when the....

Elon Musk Discusses Important Dogecoin Improvements, Confirms No Investment i...

Tesla CEO Elon Musk has shared what he believes to be the most important dogecoin improvements. He also clarified that he does not have anything to do with the Dogecoin Foundation and is not investing in the shiba inu (SHIB) token. Musk confirmed that he is only holding three cryptocurrencies. Elon Musk on Dogecoin Improvements, Shiba Inu Token Tesla and Spacex CEO Elon Musk made several tweets about cryptocurrency, bitcoin, dogecoin, and the shiba inu token Sunday. Regarding Dogecoin’s improvements, he was asked whether he had any recent interactions with the....