Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet


The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will be mentioned to some degree on the show.

Dogecoin Captures a $50 Billion Market Cap

This weekend, dogecoin (DOGE) has started to surge again, as the token featuring the likeness of the Shiba Inu dog is nearing the asset’s all-time high (ATH). The last dogecoin ATH was two weeks ago when the cryptocurrency reached $0.44 per token.

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DOGE has jumped more than 45% during the last seven days, and 30-day stats show dogecoin gained 537.92% against the U.S. dollar. In recent times, Federal Reserve Chair Jerome Powell was asked about dogecoin at a press conference, and Shark Tank star Mark Cuban talked about DOGE with Ellen Degeneres.

Just before the weekend, Tesla’s Elon Musk,

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