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Elon musk about dogecoin

The cryptocurrency was created by Billy Markus and Jackson Palmer. "The most entertaining outcome and the most ironic outcome would be that dogecoin becomes the currency of Earth in the future.". Deseret News, investors expect Musk to talk about Dogecoin on the live sketch comedy, which would create interest among anyone who watches it and lead to potential new investors.

Naturally, his tweets have increased speculation that Dogecoin could have a elon musk about dogecoin future use and. As he signs them, he asks what kind of jokes they want to see during his Saturday Night Live appearance. Musk will join musical guest Miley Cyrus, who will make her sixth appearance on the show. Nevertheless, news that Musk will be hosting Saturday Night Live created an online backlash, with two members of the shows ensemble voicing their disapproval via social media.

In the video, Musk is shown walking on the streets of New York when he is approached by avid fans, who show him papers and toy Tesla cars to sign. Dogecoin was created in 2013 and is based on the then-popular "doge" meme that portrays a shiba inu dog alongside multicolored text in comic sans font. The word doge can be heard several times throughout the video. "Saturday Night Live" airs on NBC, owned. Like Bitcoin, Dogecoin relies on less efficient "proof of work" blockchain technology, and more efficient cryptocurrencies are already available, but that hasn't stopped speculators from chasing the dream of Tesla, SpaceX and Doge.

Then, Musk is asked whether or not hell be throwing out some Dogecoin jokes on Saturday Night Live. The price rebounded above the 40-cent mark later Thursday. Musk, whose car company holds billions in bitcoin, said he was concerned by "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." The price of bitcoin also pulled back following the announcement.

How do I buy

He responds, We will see. Dogecoin's stellar run has boosted its market value to over 10 billion, making it the. Coinbase reports its value shot up 18 percent, before falling again. Dogecoin's resurgence in the last few weeks has also been down to enthusiasm from a Reddit group called SatoshiStreetBets.

In an SEC filing Monday, Tesla said it has bought.5 billion worth of bitcoin and will accept the cryptocurrency for payment of its products. 10 digital coin on CoinMarketCap's ranking. Cnbc owns the exclusive off-network cable rights to "Shark Tank which features Mark elon musk about dogecoin Cuban as a panelist. If you buy something through one of these links, we may earn an affiliate commission.

Disclosure: "Saturday Night Live" is a TV show of nbcuniversal, the parent company of cnbc. Dogecoin hit a 24-hour high.3103 following Musks tweet.

The price of the coin rose to above 70 cents earlier this month, according to Coinbase, ahead of Musk's appearance on NBC's "Saturday Night Live." However, dogecoin came under pressure once the show began, at one point falling below. More recently, he posted a picture of a fictional "Dogue" magazine a play on the fashion title "Vogue" leading to an 800 surge in dogecoin's price. See Also: How to Buy Dogecoin (doge it was announced on Saturday that Musk will be the host on "Saturday Night Live" on May.