Dogecoin Rises 10% After Elon Musk Confirms Coin Will Get SNL Treatment

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Elon Musk has confirmed that a comedy skit on Dogecoin will feature in next week’s Saturday Night Live show. 
Musk asked his 54 million Twitter followers which skits he should commission for the show, which he is hosting on May 8. The requests came thick and fast, and one request kept cropping up: Dogecoin. 
So Musk replied to one that requested “Summin about the DOGEFATHER.” The Tesla and SpaceX CEO responded: “Definitely.”

Definitely
— Elon Musk (@elonmusk) May 1, 2021

Then Dogecoin’s price rose by 10% to $0.4. That’s all it took. A single word. Again.

One word: Doge
— Elon Musk (@elonmusk) December 20, 2020

And we already knew that Musk was going to produce a skit on Dogecoin. On April 28 he tweeted: “The Dogefather. SNL May 8.” Dogecoin’s price spiked 15% on that news.

The price of Dogecoin has since dipped to $0.37—its price before Musk reconfirmed that Dogecoin would feature in SNL.

So, why did the price rise? 
Well, whenever Musk mentions Dogec

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Źródło: https://decrypt.co/69695/dogecoin-rises-10-after-elon-musk-confirms-coin-will-get-snl-treatment

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