ELON Musk has named himself the ‘Dogefather’ ahead of his appearance on SNL, in a tweet which appears to have sent the cryptocurrency soaring. The price of dogecoin shot up from $0.25 to $0.30 in less than 15 minutes after Musk posted a cryptic tweet reading: ‘The Dogefather” “SNL May 8” The spoke came after […]
ELON Musk has named himself the ‘Dogefather’ ahead of his appearance on SNL, in a tweet which appears to have sent the cryptocurrency soaring.
The price of dogecoin shot up from $0.25 to $0.30 in less than 15 minutes after Musk posted a cryptic tweet reading: ‘The Dogefather”
Musk is hosting Saturday Night Live next month[/caption] The cryptocurrency is inspired by a meme[/caption]“SNL May 8”
The spoke came after a price slump last week, when the meme-inspired cryptocurrency fell after hitting an all-time high, Reuters reported.
Supporters of the cryptocurrency used hashtags to fuel a rally, bumping up the price of Dogecoin, until it eventually lost steam.
This recent spike pushes the value of the currency back towards the record highs that it experienced earlier this month.
It was announced on Saturday that Musk would be hosting Saturday Night Live next month – with Miley Cyrus as the musical guest.
The 28-year-old singer announced the news with just an image of their names on the SNL cork board.
The official Saturday Night Live Twitter account soon shared the image and added a caption of three spaceships.
Fans were shocked to learn the Tesla CEO would be headlining the long-running sketch show.
One fan wrote to SNL on Twitter: “April Fool’s Day was like three weeks ago.”
Another begged: “Guys please this better be a joke.”
A third upset fan tweeted: “Imagine ruining a great season with this and thinking it’s a good idea!!!!”
Others called for the NBC show to change its mind and remove Elon from the schedule.
Musk’s recent tweet suggested that he planned to discuss dogecoin during his feature on the show next month.