Dogecoin falls 29% on Elon Musk’s Saturday Night Live comments



Dogecoin fell 29% after Elon Musk’s comments on Saturday Night Live (SNL). He referred to it as a Hustle, though, in the full video (which I have included) this appears more as an awkward aside than a definitive statement. He also failed to mount a strong defence for Dogecoin during a stumbling sketch. The sketch itself was a meandering attempt to simultaneously send up the media’s inability to understand cryptocurrencies, and crypto advocates’ inability to explain crypto’s value.

I discuss the Musk’s SNL sketch and why the market reacted negatively. I also discuss more broadly issues surrounding Dogecoin.

Time stamps
* 0:00 Introduction
* 1:25 Elon Musk’s SNL comments
* 4:30 What happened to Dogecoin’s price
* 6:30 Why did dogcoin’s price fall?
* 9:34 Other thought’s on dogcoin’s value

#Dogecoin #SNL #Musk

Books
* My regression book:

* My valuation book: [US]: [Australia]

Courses:
* International Finance:

* Valuation:

* Options, Futures, and Derivatives:

My Patreon:

****************************
*MY GEAR
****************************
Logitech c922:

Softlight setup available here from Amazon:

Wacom writing tablet: .

3 comments
  1. That Shiba inu face still makes me smile lol. Most anticipated the pump and dump leading up to the snl appearance. Didn't stop people riding the hysteria though!

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

PokeMoon on Binance Smart Chain (An Honest Review) BSC Possible 100x Gem Series – June 2021

Next Post

Cardano, Elrond or Dogecoin? Which cryptocene will Tesla and Elon Musk choose?