Elon Musk’s highly anticipated SNL event has ended. However, Dogecoin did not perform as expected. Elon Musk talked about altcoin during SNL and said it was an unstoppable financial instrument, even emphasizing that it was as real as the dollar. However, the price of crypto money hit hard. Popular cryptocurrency platform Robinhood, on the other hand, could not handle the Dogecoin mess.

Disappointment: Elon Musk’s SNL statements failed to blow the Dogecoin price!

Tesla CEO Elon Musk said Dogecoin is an “unstoppable financial instrument” that will take over the world on “Saturday Night Live”. Elon Musk also drew attention to DOGE’s price action while trying to explain the crypto money. Elon Musk emphasized that the Doge is “a real departure”. The famous billionaire also said the Doge was Maye Musk’s Mother’s Day gift. Elon Musk was accompanied by his mother Maye Musk on his show. While Elon Musk’s mother said “I hope your Mother’s Day gift is not Dogecoin” during SNL, Elon Musk replied “Yes, it is.” Tesla CEO adds the following to his statements on the subject:

This is the future of the currency. An unstoppable financial instrument that will take over the world. It was originally started as a joke… But now it’s rising in a real way.

However, Doge failed to deliver what was expected of SNL and prices fell sharply at night. Popular cryptocurrency platform Robinhood has once again suffered a massive cut amid Dogecoin’s extremely volatile price action. Breast cryptocurrency dropped to 33 percent before Doge jokingly announced the billionaire’s cryptocurrency in Elon Musk’s “Saturday Night Live” episode, before closing some of its losses. DOGE is currently trading at $ 0.56, down 21 percent since the daily opening.


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