Dogecoin’s value tumbles after Elon Musk calls the virtual currency a ‘hustle’
by Joanna Partridge from Technology | The Guardian on (#5HMR6)
Price falls by as much as a third after billionaire's comments on US comedy sketch show Saturday Night Live
The price of dogecoin tumbled by as much as a third on Sunday, after billionaire Elon Musk, one of its biggest supporters, appeared to call the virtual currency a hustle" while hosting Saturday Night Live.
Cryptocurrency watchers had high expectations of what Tesla chief executive and crypto-enthusiast Musk, who has called himself the Dogefather", would say while hosting the American comedy sketch show, and dogecoin had risen in anticipation.
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