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Abstract:Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot on the Saturday Night Live comedy sketch TV show.
Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot on the Saturday Night Live comedy sketch TV show.
Dogecoin was quoted as low as $0.416 on crypto exchange Binance, down 36 per cent from levels around $0.65 before the show. It retraced some of that move later on Sunday, and was last trading around $0.569.
An investor said “The way I see it is I'm still winning. Yesterday's events dropped my profits down short term but it'll be back stronger. Still holding all my #dogecoin.”
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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