Dogecoin in spotlight as cryptocurrency backer Musk makes ‘SNL’ appearance By Reuters – Investing.com
- Date: 08-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Dogecoin in spotlight as cryptocurrency backer Musk makes ‘SNL’ appearance By Reuters – Investing.com
By Alden Bentley and Gertrude Chavez-Dreyfuss
NEW YORK (Reuters) - With the price of dogecoin surging, investors are looking ahead to Elon Musk's guest-host spot on this weekend's "Saturday Night Live" comedy sketch TV show after the billionaire's tweets this year turned the once-obscure digital currency into a speculator's dream.
The Tesla (NASDAQ:) Inc chief executive will host the show at 11:30 p.m. EDT on Saturday (0330 GMT on Sunday). The timing puts Musk, who is also known as an enthusiast of cryptocurrencies, back in the spotlight just as Tesla's stock is losing steam following last year's monster rally.
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