![]() ![]() comedy show Saturday Night Live in 2021 as dogecoin mania reached fever pitch. Friday evening, around 8:30 pm ET, the billionaire CEO took to Twitter to make fun of decentralized autonomous organization (DAO) and Web3 lovers, portraying. The dogecoin price peaked the day before Musk's appearance on U.S. Elon Musk (elonmusk) Musk didn't stop there: On June 3, he tweeted a meme about breaking up with bitcoin, and the price of bitcoin declined 5. In April, Musk followed through with a promise he made before buying Twitter, changing its logo to that of dogecoin's shiba inu dog breed, giving the dogecoin price a short-lived 20% bump.ĭogecoin has crashed back even harder than bitcoin and ethereum since hitting its all-time high price, currently down around 90% compared to bitcoin's and ethereum's 60% price declines. People are buying crypto because Elon Musk, the worlds richest man, tweets cryptic endorsements of it, or because his company has purchased 1.5 billion. ![]() However, Musk added that dogecoin, a bitcoin-like cryptocurrency that was originally created as a "joke," is still his favorite cryptocurrency because it has "the best humor" and "it has dogs." "Maybe you should, but let me advise you that would be perhaps unwise." "I'm not advising anyone to buy crypto or bet the farm on dogecoin," Musk said during a virtual appearance at the Wall Street Journal’s CEO Council Summit in London. On Friday, Tesla CEO Elon Musk changed his Twitter bio to 'bitcoin.' This alone perhaps wouldn't be that interesting after all, Musk expressed his interest in Bitcoin and. ![]()
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