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Here's How Much You Would've Lost If You Bought Dogecoin During Elon Musk's Appearance On SNL [Yahoo! Finance]
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Elon Musk — the owner of SpaceX, Tesla and the X platform — has promoted DOGE, primarily through his presence on Twitter. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto faucet? According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire, here's why it can be true On May 8, 2021, Musk made an iconic appearance on "Saturday Night Live" (SNL) following his series of Dogecoin tweets. Leading up to Musk's SNL appearance, DOGE had an impressive 30-day rally (a 1,000% increase from $0.056 on April 7 to $0.731 on May 7). DOGE reached its all-time high price of $0.737 on May 8, driven by speculation of Musk's ability to send DOGE "to the moon." Despite high expectations for the SNL segment, many viewers were left underwhelmed. Musk struggled to answer questions regarding Dogecoin's path and viability as a digital asset. Ultimately, Musk admitted to DOGE being "a hustle," destroying the
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