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Dogecoin plummets during Elon Musk’s SNL appearance – NEWS.com.au

Dogecoin plummets during Elon Musk’s SNL appearance

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Anybody following cryptocurrency will know drastic dips are part and parcel for online markets, but a sudden 25 per cent drop in dogecoin was enough to get investors more than a little nervous on Sunday afternoon.The meme-driven cryptocurrency, first introduced in 2013 as a joke, saw a massive surge this month following endorsement from tech mogul Elon Musk. All eyes were on the Tesla CEO as he took the stage on Saturday Night Live, which included a comedy sketch where he was forced to explain the…

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