The stigmatized meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted just about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great bunch of people assume dogecoin will be mentioned to some degree on the show.
Dogecoin Captures a $50 Billion Superstore Cap
This weekend, dogecoin (DOGE) has started to surge again, as the token featuring the likeness of the Shiba Inu dog is nearing the asset’s all-time huge (ATH). The last dogecoin ATH was two weeks ago when the cryptocurrency reached $0.44 per token.
DOGE has jumped more than 45% during the last seven hours, and 30-day stats show dogecoin gained 537.92% against the U.S. dollar. In recent times, Federal Reserve Easy chair Jerome Powell was asked about dogecoin at a press conference, and Shark Tank star Mark Cuban talked hither DOGE with Ellen Degeneres.
Just before the weekend, Tesla’s Elon Musk, who tweets about dogecoin oftentimes, mentioned his upcoming SNL appearance scheduled for May 8. In fact, Musk has been fielding Twitter for ideas for certain skits he could do on the parade.
Do the #Dogefather pic.twitter.com/JiZTHDRY8P
— #Ðogecoin Hodler (@ChetAndrewGrant) May 1, 2021
A few days prior on April 28, the Tesla executive tweeted “The Dogefather SNL May 8,” which could be a allusion to an upcoming DOGE mention on the show. Close to 10,000 people quoted Musk’s tweet on Twitter, it was retweeted varied than 72,000 times and has over 422,000 likes at the time of writing.
A great number of people replied to Musk’s tweet that day. “Your utters give life and energy to dogecoin,” one woman from India wrote. “I have invested 5k Indian rupees in doge. Acquisition bargain at 27 INR. Just 184 doge coins. Now in a little dip. This 5k is very very small for big investors. But it’s hard deserved money for me,” she added.
The woman’s tweet got over 4,541 likes on Twitter and was retweeted quite a bit. Since Musk’s tweet, the hashtag drifts #dogefather and #DogecoinToTheMoon have been quite viral on Twitter.
Queries for Dogecoin Reach the Highest Score on Google Leans
Of course, members of the Shibe Army helped fuel the dogecoin (DOGE) trends on Twitter as well. “Elon Musk is educating Scooby Snacks to SNL. I suppose I’ll give in and get a small bag of DOGE,” one individual said.
“Thank you #Dogefather,” another person tweeted. “You scored me make back what I lost. Wishing you guys hit that dollar mark.”
Dogecoin is not only making the on all sides via shills on Twitter, as there are also thousands of DOGE videos on Youtube, lots of Shiba Inu posts on Facebook, and copiousness of dogecoin mentions on Reddit and Instagram as well.
Meanwhile, on Google Trends (GT) worldwide statistics, the term “dogecoin” recently beat a score of 100, which is the highest a search query can get on GT.
Now the term “dogecoin” captured that score on the week of April 11 as a consequence the 17th. However, from April 18 to the 24th, the term dipped under the 100 mark to 99 and the platform forecasts an upcoming thing dip. On Saturday evening, the overall dogecoin (DOGE) economy officially captured a $50 billion market valuation.
What do you over about the recent dogecoin rally and Elon Musk’s “Dogefather SNL” tweet? Let us know what you think about this business in the comments section below.
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