Dogecoin plunges after Elon Musk point out on SNL

in #elon • 3 years ago

The value of Dogecoin plummeted from record highs after Elon Musk’s Saturday Night Live (SNL) appearance, disappointing traders who tried to push the coin to $1 (£0.72).

Analysts had predicted the Tesla (TSLA) CEO or the "Dogefather" to mention the meme-stimulated crypto on SNL and send prices spiking, instead his plug saw the coin crash nearly 25% from $0.69 to $0.48 a couple of minutes into his stint.
Dogecoin persevered to lose its gains from last week on Sunday, presently buying and selling 33% lower to $0.47.

Flagship crypto, Bitcoin (BTC-USD), which has been up and down in latest days and suffering to maintain up its report highs, was down 2.2% to $57,894.

Bucking the downward spiral, Ethereum (ETH-USD) — the second one biggest cryptocurrency — took off on the decline, growing over 11% to record highs of $3,958.

#cryptocoin #investing #steemit #life #congratulations
3 years ago in #elon by
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