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Elon Musk on SNL Spurs Dogecoin Watch Parties After 20,000% Gains

The late-night comedy show has become a potentially market-moving event for the joke cryptocurrency on a wild ride.

'Dogefather' Elon Musk Heads to SNL
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They’ll be setting up taco bars, monitoring price movements on dedicated screens and taking a drink every time someone says “doge.”

Dogecoin traders around the world are organizing watch parties for Elon Musk’s appearance this weekend on “Saturday Night Live,” with their apps open in case the Tesla Inc. chief and crypto booster’s comments move prices.