The eyes and ears of cryptocurrency holders are glued on their American television for the appearance of Elon Musk as a presenter in the famous show of millions of viewers “Saturday Night Live”. What Musk will say about dogecoin will largely be judged if the biggest cryptocurrency outsider in athe crypto space, turns to a favorite.
Dogecoin has already capitalized on the hype surrounding its name, which comes almost exclusively from statements by famous billionaires, such as Elon Musk and Mark Cuban.
However, for a parody coin, as were the original intentions of its two creators, its price explosion of about 50% in the last 24 hours, and… 25,000% since the beginning of the year, is probably no longer so much fun, has started to get quite serious.
Now, the next big “station” for dogecoin is on NBC on Saturday, where Musk is expected to shake the waters once again.
This is not, of course, the first time that the eccentric crusader of Tesla and SpaceX has publicly supported the doge, but now it has already prepared the ground through Twitter to take hype to another level.
In an enigmatic tweet on April 28, he had simply written: “The Dogefather, SNL May 8”, announcing more or less what he will be doing on the show. These two lines were enough to create an investment panic waiting for the show, but also for its aftermath: Will Musk be able to send the price of dogecoin to the… moon (or Mars)?
So, those of you who want to wander around for a while in the field of cryptocurrencies, but bitcoin and ether seem accurate to you, doge is what you need for an -in short-term- investment, as long as the prices are still affordable…
That is, before the weekend and from Musk boost. Those of you who are faithful, just be careful not to overdo it…