On Saturday evening, Tesla and SpaceX CEO, Elon Musk, hosted “Saturday Night Live.” Many cryptocurrency investors were watching closely to see if Musk would mention the previously-surging coin, dogecoin.
Known as the self-proclaimed “Dogefather,” Musk has been an outspoken fan of the cryptocurrency, dogecoin, a meme-inspired coin. Dogecoin was mentioned on multiple occasions during the show. However, during Musk’s episode of the comedy series, the price of dogecoin plummeted.

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