Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins

Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins


Dogecoin (DOGE), the meme-based cryptocurrency that is a pet favorite of Elon Musk, has a new date for its price diary — Musk’s appearance on Saturday Night Live.

In a tweet on Wednesday, Musk described himself as “The Dogefather” as he prepares to host the popular American television show on May 8.

The Dogefather
SNL May 8

— Elon Musk (@elonmusk) April 28, 2021

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Musk is well known for his PR stunts when it comes to Dogecoin, with social media posts often sparking price gains — something which has also benefited Bitcoin (BTC).

A familiar scenario for Dogecoin fans, Musk’s latest round of publicity immediately fuelled a rebound in DOGE/USD, which was up 20% in hours at the time of writing.

Bitcoin’s previous price dip had cost the altcoin sector dearly, with DOGE bottoming far below its recent record high of $0.47.

That peak had also been caused in part by Musk, who had promised to “put a literal Dogecoin on the literal moon” via the latest

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