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why did dogecoin drop during snl - Dogecoin dropped after Saturday night. Here’s why
why did dogecoin drop during snl - Dogecoin dropped after Saturday night. Here’s why
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Dogecoin dropped after Saturday night. Here’s why
Dogecoin is crashing while Elon Musk is on Saturday Night Live
Dogecoin drops in price during Elon Musk's SNL appearance
Dogecoin tumbles after Elon Musk jokes about it on 'SNL'
Dogecoin Price Plunges As Elon Musk Hosts SNL Amid Robinhood Issues
 
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Dogecoin dropped after Saturday night. Here’s why
› articles › dogecoin-drops-after-elon-musks-snl-appear.
Why Dogecoin dropped fast on Saturday. According to CNN, investors sold off their Dogecoin holdings after Musk appeared on the show.
Dogecoin price drops over the weekend, despite Musk name-dropping on SNL. Supporters of the cryptocurrency hoped.
Dogecoin falls as much as %, dropping to 49 cents, during Elon Musk's SNL debut.
When SNL first went live, the cryptocurrency hovered around 69 cents (nice). But as the show wore on, the price dropped. As of this writing, it is.
Dogecoin price tumbles 30% as Elon Musk delivers crypto jokes on Saturday Night Live Our mission to make business better is fueled by.
Dogecoin was down 40%, trading as low as 44 cents early Sunday. The cryptocurrency started Saturday trading at around 70 cents and was.
Dogecoin hadn't been below 50 cents since May 4, amid a rally in anticipation of the “SNL” episode. The activity may also have affected.
Dogecoin was quoted as low as $ (roughly Rs.
It retraced some of.
Dogecoin, a cryptocurrency that started as a joke in , has surged more Elon Musk, appearing on “Saturday Night Live,” jokingly called it “a hustle.” The altcoin had surpassed 73 cents on Saturday before dropping to.
The altcoin had surpassed 73 cents on Saturday before dropping to cents as of a.m. in New York Sunday, a 35% decline in 24 hours.
Dogecoin rose steeply in the weeks leading up to Musk's appearance, reportedly in anticipation of a name drop during the show.
Did Elon Musk mention Dogecoin on SNL? In a "Saturday Night Live" sketch, the Tesla CEO jokingly tried to explain the perplexing.
Perhaps as a result of that new mood of concern, Dogecoin's value dropped in the hours ahead of Mr Musk's SNL appearance.
“We're excited to launch DOGE-1 to the Moon!” Ochinero said. Dogecoin dropped in value during the first hour of SNL. Fans of the joke cryptocurrency had.
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Dogecoin drops in price during Elon Musk's SNL appearance
To learn more or opt-out, read our Cookie Policy. Adam Zadikoff. That said, there are some cryptocurrency experts who see Dogecoin rebounding. Print Subscriptions. Deseret News homepage. Filed under: Business U. Dogecoin dropped after Saturday night. Reddit Pocket Email Linkedin. Is Dogecoin a safe investment? Loading comments... The Latest. Memphis Grizzlies bow out of series with a lackluster effort in Game 5, but say they will be back By Jay Drew. By Herb Scribner.
To learn more or opt-out, read our Cookie Policy. The tumble of a joke cryptocurrency was caused, fittingly, by another joke. See our ethics statement. When SNL first went live, the cryptocurrency hovered around 69 cents nice. But as the show wore on, the price dropped. As of this writing, it is worth 56 cents , an 18 percent plunge. As if to celebrate, trading platform Robinhood promptly crashed for cryptocurrency users. A month ago, the trading platform crashed during a Dogecoin rally. We're working to resolve this as soon as possible. Correction: This article initially flubbed the percentage change math — saying what was really was an 18 percent dive was just a 12 percent drop. We apologize for the late-night math error. Subscribe to get the best Verge-approved tech deals of the week. Cybersecurity Mobile Policy Privacy Scooters. Phones Laptops Headphones Cameras. Tablets Smartwatches Speakers Drones. Accessories Buying Guides How-tos Deals. Health Energy Environment. YouTube Instagram Adobe. Kickstarter Tumblr Art Club. Film TV Games. Fortnite Game of Thrones Books. Comics Music. Filed under: Business Tech Cryptocurrency. Linkedin Reddit Pocket Flipboard Email. Next Up In Tech. Sign up for the newsletter Verge Deals Subscribe to get the best Verge-approved tech deals of the week. Thanks for signing up! Check your inbox for a welcome email. Email required. By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.
Subscriber Account active since. The cryptocurrency, which started as a joke in 2013 but recently gained popularity with Musk's vocal support, traded at 47 cents as of 9:35 a. Musk touted Dogecoin during his appearance on the show's "Weekend Update" sketch, saying the cryptocurrency would "take over the world" and calling himself the "Dogefather. At the same time, Robinhood, the multi-billion dollar stock trading app, said the platform was experiencing issues with crypto-trading. Robinhood told Insider that the platform's crypto-trading was "back up and running" about 30 minutes after it first reported difficulties. Robinhood declined to comment on whether the issues were tied to the "SNL" performance. Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Free subscriber-exclusive audiobook! Redeem your free audiobook. US Markets Loading... H M S In the news. Allana Akhtar. LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link. At the same time, Robinhood tweeted that its app was experiencing difficulties with trading. See more stories on Insider's business page. Loading Something is loading. Email address.
Quite the opposite. Contrary to expectations, Elon Musk's appearance on Saturday Night Live this weekend didn't take Dogecoin "to the moon. In the days and weeks leading up to Musk's much-anticipated gig as SNL host, Dogecoin began rising heavily. In January, Dogecoin was priced at around 1 cent. Just last week a single Dogecoin was worth over 70 cents. Some of that dramatic rise was thanks to Elon Musk. In 2021, Musk began tweeting about Dogecoin, becoming its highest-profile supporter and helping drive an increased price for the cryptocurrency. It's impossible to attribute the recent Dogecoin price increase solely to Musk's scheduled appearance on SNL, but many seemed to be buying the cryptocurrency in anticipation of a possible Dogecoin name drop during his opening monologue. And Dogecoin name drops did occur. When he brought his mom Maye on stage during the opening, she got in a Dogecoin joke. I just hope it's not dogecoin ," Musk's mother said. In fact, the opposite occurred. In the hours after the show the price dropped further, going as low as 43 cents. Now the Dogecoin price seems hovering between 40 and 50 cents. Considering the built-in volatility of cryptocurrency, and the dramatic price spikes as of late, some sort of crash isn't surprising, but many anticipated the price would push upward with Musk's appearance on SNL, not plummet. Followers of Dogecoin were hoping his appearance would push the price towards a dollar but that doesn't appear to be happening. Mark Serrels. May 10, 2021 5:28 p. Such Elon. CNET Culture.
Well, actually, his mom did. More Videos... Dogecoin's value has skyrocketed this year. US trucker shortage means everything is more expensive. Amazon changes marijuana and time off policies. Brennan: Osaka's French Open withdrawal was avoidable. Microsoft says SolarWinds hackers have struck again. US home prices are at a record high. Climate milestone: Big Oil sent clear message by investors, courts. Inflation is back as the US economy reopens. Watch Elizabeth Warren grill Jamie Dimon over pandemic overdraft fees. BTS and McDonald's launch exclusive meal with two new dipping sauces. Musk later played a character on SNL's Weekend Update segment, who struggled to explain what dogecoin was -- ultimately admitting it's just "a hustle. Read More. After pumping up the value of the cryptocurrency in the lead-up to Musk's SNL appearance, investors sold off dogecoin sharply after the Musks talked about it on the show. The cryptocurrency started Saturday trading at around 70 cents and was selling for about 66 cents just before SNL went on the air at 11:30 pm ET. Cryptocurrencies are notoriously volatile, and dogecoin has been on an absolute tear this year. Musk has been the loudest and most prominent supporter of dogecoin. He frequently tweets about the cryptocurrency, and just one of his bizarre tweets to his 50 million followers can send dogecoin surging. Dogecoin started in 2013 as a joke -- a nod to the "doge" meme that was all over the internet at the time. Tesla futures weren't trading Saturday night during the show. It's unclear what was driving the dogecoin selloff. Perhaps investors wanted Musk to say something more supportive of the cryptocurrency. Dogecoin traded so actively that Robinhood announced early Sunday morning it was having issues processing crypto trades and was working to resolve the problem.

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