Dogecoin Hits 24-hour Elon Musk Hints In his SNL episode, On Meme Crypto

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On Wednesday, Dogecoin (DOGE) soared to the 24-hour height of its "Saturday Night Live" episode of Chef Elon Musk (NASDAQ:TSLA) next month.

What Happened: Musk tweeted on Tuesday, "The Dogefather SNL May 8.
 

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        © SNL Elon Mask

       Salman Ahmed cryptorian



Following Musk's tweet, the Dogecoin reached a $0.3103 high of 24 hours. In the last 24 hours, cryptocurrency grew 8% and is trading in press terms at $0,2917.




The host of the "Saturday Night Live" on 8 May was revealed on Saturday. NBC, owned by CMCSA (NASDAQ:CMCSA), is seen with "Saturday Night Live" featuring replays of the Hulu and Peacock Streaming services.


        © Elon Mask twiter handle 


Miley Cyrus, who will make his sixth show debut, will join Musk in the music guest. Musk's show is supposed to bring "SNL" viewers, who never did it for the weekly show.

Nevertheless, reports that "Saturday Night Live" will be hosting Musk provided an online retrospect with two members of its ensemble expressing disagreement via social media.

Although highly prominent athletes and politicians such as Jesse Jackson, George McGovern and John McCain were the focus of the show, the guest role for the most part has been reserved for entertainers.

Why it matters: Dogecoin is based on the famous Internet meme "Doge" and was created as a parody of the thorn around some digital assets in 2013. Billy Markus and Jackson Palmer developed the cryptocurrency.

Elon Musk, CEO of Tesla, is a great advocate for Bitcoin (BTC) and Dogecoin. Musk's dogecoin tweets often influence the price of the cryptocurrency meme overwhelmingly. Furthermore, the latest earnings report for Tesla's first quarter showed that investing in Bitcoin by the electric car manufacturer helped raise its profit.


                            Cryptorian
      

                          Salman ahmed

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