Cryptocurrencies
Days of Torrid Dogecoin Gains Erased as Musk ‘SNL’ Episode Airs
- Character played by Musk in a sketch calls Dogecoin ‘a hustle’
- DCG’s Silbert shorting Dogecoin; Robinhood has trading issues
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Dogecoin, the fifth most valuable cryptocurrency, retreated from an all-time high after billionaire Elon Musk, appearing on “Saturday Night Live,” jokingly called it “a hustle.”
The altcoin had surpassed 73 cents on Saturday before dropping to 46.01 cents as of 8:08 a.m. in New York Sunday, a 35% decline in 24 hours, according to pricing from CoinGecko.