Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot on the Saturday Night Live comedy sketch TV show.Dogecoin was quoted as low as $0.416 on crypto exchange Binance, down 36 per cent from levels around $0.65 before the show.
It retraced some of that move later on Sunday, and was last trading around $0.569.The billionaire Tesla Inc chief executive hosted the SNL show at 11:30 p.m.
EDT on Saturday. ‘I just hope it’s not Dogecoin’: Elon Musk hosts ‘SNL’ after month-long break Cryptocurrency enthusiasts had for days been eager to see what he would say, after his tweets this year turned the once-obscure digital currency, which began as.