Why did Dogecoin crash after SNL?
Why did Dogecoin crash after SNL? NEW YORK, May 7 (Reuters) – 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.
Does Elon still own Dogecoin?
“We have not sold any of our Dogecoin; we still have it,” Musk said in the call. Musk has detailed in the past that he personally owns Dogecoin but has not indicated that Tesla does, though the electric car company has been accepting Doge payments for some merchandise on their website.
What did Elon Musk say to drop Bitcoin?
Musk tweeted that Tesla would no longer accept bitcoin as payment due to environmental concerns about its heavy energy use, a reversal of its acceptance of the marquee cryptocurrency just two months earlier. As a result, the price of bitcoin dropped around 15 percent.
What did Elon Musk tweet about BTC?
Musk tweeting that he would allow his company’s Bitcoin transactions to resume if there was a confirmation that the currency’s miners were using 50% clean energy.
