Dogecoin goes down 92% after elonmusk's TV appearance and the coin's historic peak. $DOGE charliebilello
The price suddenly soared first when Elon Musk referred to himself as"The DogeFather" and then hosted SNL. Following this, Dogecoin soared to $0.73 on May 9 with its market cap spiking to $91 billion—this was the figure reached by Bitcoin two years before that.his favorite crypto by calling it an unstopabble financial vehicle that would take over the world. He also mentioned that the coin was initially made and launched as a joke but now"it is taking off in a real way.
However, after stating that DOGE is as real as the U.S. dollar, the Tesla boss had to admit that it was"hustle." Now, Dogecoin is trading at $0.05388, dropping almost 18% over the past 24 hours, according to CoinMarketCap.
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