It was only a matter of time after Elon Musk announced on April 25 to host the May 8 airing of Saturday Night Live, that he would once again express his love for the popular Shiba Inu.
And he did so on Wednesday. The Tesla CEO sent out a tweet, referring to himself as the “Dogefather”, that prompted immediate excitement among Dogecoin traders. DOGE surged almost 25% instantly.
The Dogefather
SNL May 8— Elon Musk (@elonmusk) April 28, 2021
https://platform.twitter.com/widgets.js
The coin is currently still trading around the 32 cents mark.
Dogecoin if often featured in Musk’s tweets. On April 1 Musk claimed that SpaceX was going to put a Dogecoin on the moon. On April 15, he shared the following Tweet that caused a rise to new highs of over $0.40.
Doge Barking at the Moon pic.twitter.com/QFB81D7zOL
— Elon Musk (@elonmusk) April 15, 2021
https://platform.twitter.com/widgets.js
Last week, in a ‘community attempt’ to boost DOGE’s price up to $1, #Dogeday was announced. Lot of global brands jumped in on the popularity of the meme-based coin. However, it did not have the effect many thought it would have. Nonetheless, DOGE remains up 600% from the $0.05 it had long been trading on.
Mark the date, May 8 might be another #Dogeday and you might want to go long.
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Source: Igaming
