After Elon Musk's Post, DOGE Skyrocketed!

Elon Musk announced that he will take part in the Saturday Night Live show, which will be aired on May 8.

After Elon Musk's post, DOGE skyrocketed. The famous billionaire confirmed that a comedy sketch about Dogecoin will be featured on the Saturday Night show, which will hit the screens on May 8. Known for directing cryptocurrencies, Musk posted on his Twitter account with 54 million followers. The famous billionaire humorously asked his followers what it would be like to get a commission for the show that will air on May 8. A user requested information from Elon Musk about DOGEFATHER; Musk replied "Absolutely" to this tweet. After this tweet traffic, the price of Dogecoin increased by 10 percent and climbed to $ 0.40. Elon Musk previously announced that he will be included in the Dogecoin sketch. Tesla and the founder of SpaceX tweeted on April 28, “Dogefather. SNL 8 May8”. Dogecoin price gained 15 percent after this tweet.

Will DOGE Price Increase?

Whenever Musk talks about Dogecoin, there is definitely a dynamism in the crypto market. This mobility causes Dogecoin price to increase significantly every time. On the other hand, Musk will reach a new and different audience with Dogecoin on SNL. Crypto investors are hoping that a whole new audience will flock to Dogecoin after Musk's SNL show. If the sketch is really funny, the price of Dogecoin could go up drastically.