Days of Torrid Dogecoin Gains Erased as Musk ‘SNL’ Episode Airs

Bloomberg2021-05-10

(Bloomberg) -- Dogecoin, the fifth most valuable cryptocurrency, retreated from an all-time high after billionaire Elon Musk, appearing on “Saturday Night Live,” jokingly called it “a hustle.” The ...

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精彩评论

TruthfulPep
2021-05-10
TruthfulPep
Doge is still looking strong for me. It did hit an alltime high during SNL and came down to around 40cents. But it’s now up, holding on a support level at about 50 cents.
Flyinng
2021-05-10
Flyinng
Ok
GRNSquirrel
2021-05-10
GRNSquirrel
Make and break young investors / speculators. As a innovative forward thinking leader that have the younger generation looking up to, I think E.Musk should teach values of innovation and entrepreneurship and not speculation.
TJW1991
2021-05-10
TJW1991
Wow
ihciem
2021-05-10
ihciem
Ahh
Bodoh
2021-05-10
Bodoh
Dropped and rebounded quickly

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The activity may also have affected Robinhood, which said earlier that it was having some issues with crypto trading, citing high volume and volatility.\nMusk was asked repeatedly during the “Weekend Update” segment to explain what Dogecoin is. After reciting multiple facts about the cryptocurrency in the character of a financial expert, he was asked if Dogecoin was a “hustle.” He responded, “yeah, it’s a hustle.”\nMusk, 49, is the world’s second-richest person with a net worth of $183.9 billion, according to the Bloomberg Billionaires Index. In his monologue, he said he’s the first person with Asperger’s to host the show; Dan Aykroyd actually was. Musk helped drive Dogecoin to new heights on Friday and Saturday after tweeting a picture of himself and a Shiba Inu, the dog breed that lends its image to the altcoin, on the set of the NBC show.\nDogecoin, a cryptocurrency that started as a joke in 2013, has surged more than 16,000% in the past year, according to CoinGecko. Musk has been among its biggest boosters, along with Mark Cuban, Snoop Dogg and Gene Simmons. Dogecoin traders around the world organized watch parties for the “SNL” episode.\nAn earlier Dogecoin reference came during the opening monologue where his mother, Maye Musk, joined him on stage. The author and model said she was excited about her Mother’s Day gift, and she hoped it’s not Dogecoin -- to which he said, “it is.”\nIn the character of the financial expert, Musk also called Dogecoin “the future of currency, it’s an unstoppable financial vehicle that’s going to take over the world.”\nMeanwhile, DCG Holdco Inc. CEO Barry Silbert posted on Twitter hours before the “SNL” episode that he’d gone short Dogecoin via a leveraged token, and that it was time for people to convert Dogecoin into Bitcoin. He later added that if Dogecoin hits $1 by May 31, $1 million would be donated “to a charitable cause selected by the Dogecoin community.”\nBitcoin, the largest cryptocurrency, retreated more than 1% to about $58,000. Musk’s Tesla Inc. announced in February that it had bought $1.5 billion of Bitcoin, and the head of the electric-car giant himself has spoken of the digital asset in favorable terms.\nRead more: It’s Hard to Take Dogecoin Seriously, But the Doge Doesn’t Care\nCryptocurrencies are “promising, but please invest with caution,” Musk tweeted on Friday, linking to a video that showed him talking about the merits of crypto, particularly Dogecoin. That followed months of Twitter posts from Musk about the likes of Bitcoin and Dogecoin, almost all favorable.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":190872159,"gmtCreate":1620613062671,"gmtModify":1634197696377,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Doge is still looking strong for me. It did hit an alltime high during SNL and came down to around 40cents. But it’s now up,&nbsp;holding on a support level at about 50 cents.&nbsp;","listText":"Doge is still looking strong for me. It did hit an alltime high during SNL and came down to around 40cents. But it’s now up,&nbsp;holding on a support level at about 50 cents.&nbsp;","text":"Doge is still looking strong for me. It did hit an alltime high during SNL and came down to around 40cents. But it’s now up, holding on a support level at about 50 cents.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190872159","repostId":1123478223,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190856022,"gmtCreate":1620612147566,"gmtModify":1634197713124,"author":{"id":"3560250280642807","authorId":"3560250280642807","name":"Flyinng","avatar":"https://static.tigerbbs.com/6e69ec197c553ae05464e21cec43ff61","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190856022","repostId":1123478223,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190886038,"gmtCreate":1620611057224,"gmtModify":1634197739400,"author":{"id":"3581840014408520","authorId":"3581840014408520","name":"GRNSquirrel","avatar":"https://static.tigerbbs.com/690454fce76a4c971959c67cd6dc47a8","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Make and break young investors / speculators. As a innovative forward thinking leader that have the younger generation looking up to, I think E.Musk&nbsp;should teach&nbsp;values of innovation and entrepreneurship and not speculation.","listText":"Make and break young investors / speculators. As a innovative forward thinking leader that have the younger generation looking up to, I think E.Musk&nbsp;should teach&nbsp;values of innovation and entrepreneurship and not speculation.","text":"Make and break young investors / speculators. As a innovative forward thinking leader that have the younger generation looking up to, I think E.Musk should teach values of innovation and entrepreneurship and not speculation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190886038","repostId":1123478223,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190811008,"gmtCreate":1620610376804,"gmtModify":1634197748820,"author":{"id":"3578904826776116","authorId":"3578904826776116","name":"TJW1991","avatar":"https://static.tigerbbs.com/c1d13fbb3feb6459408472fb351d6fe0","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190811008","repostId":1123478223,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190895507,"gmtCreate":1620609815409,"gmtModify":1634197760971,"author":{"id":"3582154978918815","authorId":"3582154978918815","name":"ihciem","avatar":"https://static.tigerbbs.com/9da30b54b2f0419d5190c3d2a38142d9","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ahh","listText":"Ahh","text":"Ahh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190895507","repostId":1123478223,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190895875,"gmtCreate":1620609790797,"gmtModify":1634197761293,"author":{"id":"3559859558754319","authorId":"3559859558754319","name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Dropped and rebounded quickly","listText":"Dropped and rebounded quickly","text":"Dropped and rebounded quickly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190895875","repostId":1123478223,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":58,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1123478223"}