Dogecoin slumps after Elon Musk appearance on SNL
Dogecoin witnessed a steep fall in its price as Elon Musk hosted the Saturday Night Live show on 8 May. The cryptocurrency, which hit a high of USD0.72, dropped to as low as USD0.41 after the show. Dogecoin fans claim Elon Musk calling the crypto a 'hustle' had led to the sudden fall. The much-hyped crypto was down 37% and trading at USD0.41.