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.
SNL May 8
— Elon Musk (@elonmusk) April 28, 2021
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