Elon Musk’s Dogecoin Dreams Are Destroyed

Elon Musk’s goals to upgrade Dogecoin did not meet. Although Dogecoin appreciated before Saturday Night Live, it fell close to 30% after the program.

The statements made by Elon Musk on Dogecoin have always had a bomb effect. We learned that Elon Musk was going to participate in the Saturday Night Live (SNL) program. Then DOGE was on the rise. And this tweet divided people in two. While one segment stated that it was PR, the other segment had invested in DOGE. We have bad news for those who invest in Dogecoin. 🙁

While DOGE was valued until Saturday Night Live, which Elon Musk attended, it fell close to 30% after the launch of the program and nothing significant on DOGE.

Although Elon Musk did a good PR about DOGE on the program, he did not make a clear statement. However, an important statement he made emphasized that DOGE is at least as real as the US dollar and is not a cryptocurrency created for joke.

So what was the main reason for the DOGE decline? Musk’s mother stated in the program that he did not want DOGE from Elon Musk as a Mother’s Day gift, but when Elon Musk stated that the gift was DOGE, DOGE declined.

Dogecoin clones are on the rise. Shiba Inu, one of the Dogecoin clones, gained 269% in 24 hours, while Akita Inu, one of its other clones, broke the record by gaining 400%.

You can click here to access Elon Musk’s Saturday Night Live videos. At the same time, there is still live broadcast on the Saturday Night Live Live Youtube channel. You can click here for the link to watch it later. Have a good time … 🙂