Dogecoin is still in the dog house after Elon Musk's 'SNL' appearance

in #steemit • 4 years ago (edited)

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Dogecoin prices rebounded Tuesday morning after Tesla CEO Elon Musk asked his nearly 54 million Twitter followers if they want his car company to "accept Doge." Nearly 77% of the poll's respondents said yes.

But even after a nearly 10% price spike Tuesday — from about 46 cents to around 50 cents per coin— dogecoin is still trading well below the levels it hit just before Musk's "Saturday Night Live" appearance a few days ago.
Dogecoin prices were north of 70 cents early Saturday and had pulled back a bit to around 65 cents just before the show aired.
But instead of hyping dogecoin, as many backers had hoped, Musk poked fun at it in a bit with his mom in the opening monologue — and again in a "Weekend Update" segment in which he played a fictitious financial expert named Lloyd Ostertag who called dogecoin a "hustle."

#dogcoin #steemitacademy #cryptocurrency #steemitcryptoacademy
4 years ago in #steemit by
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