Doge lost value as Elon Musk spoke
US billionaire businessperson Elon Musk, who often comes to the fore with his interest in cryptocurrencies and his statements on this subject, participated in the live comedy show “Saturday Night Live” as a guest-host and presented the program. Tesla founder 49-year-old Musk, who started his speech by mocking his monolithic style and saying that no one could understand his jokes, announced for the first time that he had mild autism on the live broadcast. Presenter Musk often talked about his favorite crypto currency called Dogecoin. However, as Musk spoke, Dogecoin unexpectedly lost its value on the virtual currency exchange.
Dogecoin described it as “hustle”.
Elon Musk’s description of Dogecoin as “hustle” was effective in the depreciation. Dogecoin fell 28 percent from $ 0.65 to $ 0.47 on the cryptocurrency exchange Binance, which provides a platform for trading cryptocurrencies. In one part of his speech, he asked “What is Dogecoin?” The question was posed. Musk asked the question, “The future of money. An unstoppable financial instrument that will take over the world.” answered with the words. The program’s announcer Michael Chee, “You mean hustle?” “Yes, hustle,” Musk replied with a laugh.
Presented by Musk
Musk, one of the rare business people asked to host the comedy TV show that has been going on for decades and described as ‘extraordinary’, made many comments on cryptocurrencies on his Twitter account and criticized the normal old money for negative real interest rates. Musk holds the title of being the richest businessperson in the world with a fortune of $ 177 billion. Politicians and business people, including former US President Donald Trump, previously presented the program “Saturday Night Live”. According to crypto data tracker CoinGecko.com, Dogecoin has gained more than 800% in value last month and is now the fourth largest digital currency with a market capitalization of $ 73 billion. Also, Dogecoin broke a new record on Thursday, surpassing $ 0.73. Elon Musk, who came to the program wearing a black t-shirt in a black suit, said, “He is the first presenter with Asperger’s syndrome, or at least the first person to admit it.” The comedy program presented by Musk was broadcast on NBC.
Tweets Too Much About Doge
SpaceX founder Elon Musk, who has been on the agenda with Dogecoin shares many times and caused mobility in the markets, announced that the satellite named Doge-1 will be sent to the moon next year and Dogecoin will be the first crypto money in space.
Tesla and SpaceX CEO Elon Musk, who played an important role in the appreciation of Dogecoin with their tweets, shared the following statements in a post on Twitter, hours after he used the word “hustle” for crypto money: “SpaceX will send the satellite named Doge-1 into space next year. – The first space mission paid with the Doge – First cryptocurrency in space – the first meme in space ” At the same time, Musk, who conducted a survey on Twitter about the cryptocurrency Dogecoin, which he has not dropped from the agenda for a while, asked his followers, “Would you like Tesla to accept Dogecoin”. After the space travel company SpaceX announced that it would accept Dogecoin, Musk again sparked controversy, asking more than 53 million followers if Tesla would like to adopt a similar practice.
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