Twitter lights up with memes as Dogecoin plummets ahead of Elon Musk’s SNL stint

Dogecoin crypto, which touched a record high of $0.73, dropped significantly before and during Elon Musk‘s ‘Saturday Night Live‘ appearance. The crypto fell over 28% in the past 24 hours to a low of $0.51. 

Also Read: If you think Elon Musk didn’t plug Dogecoin on SNL, you are wrong

Musk, who is the world’s second richest man, helped Dogecoin to propel to its peak on Friday and Saturday after he tweeted a picture of himself and Shiba Inu on the set of the iconic NBC show. 

Also Read: Elon Musk’s warning: Cryptocurrency is promising, but invest with caution

The crytpocurrency, which started as a joke has surged over 20,000% in the past few months, according to Coingecko. But, it began dropping amid Elon Musk’s SNL appearance, and it started trending on the social media. Netizens started to come up with hilarious memes on Dogecoin’s fall. 

Here are a few memes shared on social media:

Also Read: 7 rules by Tesla boss Elon Musk that can increase your productivity

Dogecoin featured several times during Musk’s appearance on SNL, in which he described the cryptocurrency as a hustle. As he appeared on the show, a day before Mother’s Day, the tech wizard brought his mother on stage and joked he was gifting dogecoin to her.