Why did Elon call dogecoin a hustle?

The value of dogecoin dropped sharply in early U.S. hours 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. Musk is the rare business mogul to have been asked to host the venerable comedy TV show.

Did Elon Musk call dogecoin a hustle?

The value of the cryptocurrency dogecoin dropped sharply after Tesla chief and cryptocurrency supporter Elon Musk called it a “hustle” during his guest-host spot on US comedy TV show Saturday Night Live.

What did Elon say about dogecoin on Saturday Night Live?

Musk ended up mentioning dogecoin twice on “Saturday Night Live”: during his opening monologue and again on “Weekend Update,” where he discussed it with co-hosts Colin Jost and Michael Che. “So it’s a hustle?” retorted Che. “Yeah, it’s a hustle,” Musk said with a laugh. As a result, dogecoin dropped nearly 30\% from $.

Why did dogecoin drop after Elon Musk SNL?

Dogecoin’s value plummeted immediately after. Investors figured that whatever happened on the show was probably not great for the investment. Originally created in 2013 as a joke, dogecoin suddenly became worth real money on crypto exchanges as Musk began getting behind it on social media.

Why did Dogecoin drop after Elon Musk SNL?

Does Elon Musk hold Dogecoin?

‘Outside of Tesla and SpaceX stock, it’s my largest holding,’ Musk said. Tesla CEO Elon Musk on Thursday said he owns Bitcoin, Dogecoin and Ethereum. “Outside of Tesla and SpaceX stock, it’s my largest holding,” Musk said.

What Elon Musk said about dogecoin?

Billionaire and Tesla CEO Elon Musk believes that cryptocurrency Dogecoin is better for transactions as compared to Bitcoin. In a recent interview with Time magazine, the Tesla and SpaceX chief said when it comes to transactions per day, Dogecoin is a way better crypto coin.

Will Elon Musk talk about dogecoin?

Tesla CEO and cryptocurrency supporter Elon Musk says he would never sell any of his dogecoin holdings. Bengaluru: Elon Musk, chief executive officer of Tesla Inc. and a supporter of cryptocurrency, said on Thursday he has not and will not sell any of his dogecoin holdings.

What are some facts about Elon Musk?

35 Electrifying Facts About Elon Musk. Musk is known for his Tesla electric sports cars, but there’s much more to know about this electrifying man. Elon Musk was born in South Africa in 1971. He became famous for starting Tesla Motors and SpaceX but he first made his fortune as a co-founder of PayPal.

What high school did Elon Musk go to?

Musk attended Waterkloof House Preparatory School, and Bryanston High School before graduating from Pretoria Boys High School. Though Musk’s father insisted that Elon go to college in Pretoria, Musk became determined to move to the United States.

Can I watch SNL live?

This is probably the easiest way to watch Saturday Night Live online because you don’t have to sign up for anything or even confirm your location. As long as you have access to a standard web browser you can watch SNL online basically anywhere, anytime.

What is the story of Elon Musk?

In this success story, we are going to share Elon Musk biography, the CEO and CTO of SpaceX CEO, chief product architect of Tesla Motors, chairman of SolarCity , and co-founder of PayPal. Musk is also involved in developing a high-speed transportation system known as Hyperloop . Elon Musk invests in the projects that can change our world.