Image: (lr) Music Guest Miley Cyrus, Host Elon Musk and Cecilie Strong during commercials on Studio 8H on Thursday 6 May 2021
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Elon Musk – self-proclaimed “Tokfather” – debuted his “Saturday Night Live” price dogecoin Fell from a cliff.
Memory-inspired cryptocurrency fell 29.5% to 49 cents at one point. Musk mentioned Doc Coin in his opening monologue and SNL’s satirical news program “Weekend Update”. In a question-and-answer session with hosts Michael Say and Colin Jost, Musk called himself “DocFather”, calling DocCoin a “bustle” and “to the moon”, a chipfrace popular among top activists aimed at paying homage to cryptocurrency.
During the “Weekend Update” skit, the price of doc coin started coming back. According to this writing, it is worth 57 cents, down about 17% from the start of the show.
During the frantic sale, many Robinhood Users complained Robinhood’s cryptocurrency is not working.
This is not the first time Robinhood has missed out on key trading volume in Doc Coin. Last month, the trading platform said customers enjoyed it “Intermittent crypto order failures” During a Dog Coin rally.
Don’t expect Wall Street to swim.
“Musk, also known as the Tok Father, will undoubtedly have a portrait of cryptocurrencies that will probably go viral for several days, and will encourage the army of his followers to try to send more Tac Coins to the moon.” Written by Edward Moya, Onda’s Senior Market Analyst, in a note on May 4th.
Dog Coin fans were huge on Twitter during the show, and Direct streams Dedicated to watching SNL on YouTube and at the same time tracking the movements of DocCoin.
Musk mentioned about a competitor tonight. “I can say something really shocking, like I’m driving a Prius.”
Disclosure: “Saturday Night Live” is a television program on CNBC’s parent company, NBC Universal. CNBC owns exclusive off-network cable rights to “Shark Tank”, of which Mark Cuban is a team member.