Dogecoin is crashing while Elon Musk is on Saturday Night Live 

Source: The Verge added 09th May 2021

  • dogecoin-is-crashing-while-elon-musk-is-on-saturday-night-live 

While Elon Musk hosted Saturday Night Live, Dogecoin investors sold. 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, a 12 percent plunge.

There was a slight recovery when Musk — on “Weekend Update,” SNL’s parody news program — explained to a bewildered Michael Che and Colin Jost what Dogecoin was. (“A hustle,” Che finally said, knowingly.) He also called himself the “Dogefather.”

As if to celebrate, trading platform Robinhood promptly crashed for cryptocurrency users. Earlier this week, Robinhood tweeted, “We’re all paws on deck, all weekend. [rocket emoji]” (I need the S-1.) A month ago, the trading platform crashed during a Dogecoin rally.

Update: We’re currently experiencing issues with crypto trading. We’re working to resolve this as soon as possible. For the latest updates, check https://t.co/ZS733G6N1J

— Robinhood Help (@AskRobinhood) May 9, 2021

Read the full article at The Verge

brands: Emoji  First  It  Jost  Trading  WAS  Writing  
media: 'The Verge'  
keywords: Elon Musk  

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