Dogecoin tumbles after Elon Musk calls it a ‘hustle’ on ‘SNL’ show By Reuters – Investing.com
- Date: 09-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Dogecoin tumbles after Elon Musk calls it a ‘hustle’ on ‘SNL’ show By Reuters – Investing.com
By Alden Bentley and Gertrude Chavez-Dreyfuss
NEW YORK (Reuters) -The value of dogecoin dropped sharply in early U.S. hours on Sunday, after Tesla (NASDAQ:) chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot on the "Saturday Night Live" comedy sketch TV show.
Dogecoin was quoted as low as $0.47 on crypto exchange Binance, down 28% from levels around $0.65 before the show.