Dogecoin Crashed After DOGE Jokes On SNL!

Dogecoin jokes on the Saturday Night Live program, which investors were eagerly waiting for, caused the crypto to lose value.

Dogecoin crashed after DOGE jokes on SNL. Saturday Night Live, which cryptocurrency investors has been eagerly waiting for, started at 6:30 BST with the participation of Elon Musk. While there was no improvement on the Dogecoin side in the first minutes of the broadcast, the price quickly climbed to $ 0.70 levels, but with a Dogecoin joke, it fell 30 percent to $ 0.50. In a conversation between Elon Musk and his mother during the show, which was watched by 350 thousand people live on Youtube, Musk's mother Maye Musk said, “I am really excited for my Mother's Day gift. I hope it is not Dogecoin."

Long Mention of Dogecoin

Later in the show, there was a lot of talk about Dogecoin, but this was not enough for the price increase. Musk jokingly explained what cryptocurrency and Dogecoin mean in the skit, in which he participated in the role of "cryptocurrency expert". Musk, who wanted himself to be referred to as the "Dogefather", used the phrase "the currency of the future" for Dogecoin.

Robinhood System Crashed

While Dogecoin lost a great deal of value, the systems of popular trading application Robinhood collapsed. At 7:22 TSI, Robinhood made a statement and said, “We are experiencing problems with cryptocurrency trading. We are working to solve it as soon as possible. "