Dogecoin Down Nearly 40% From Record Value After Elon Musk ‘SNL’ Appearance | Forbes (Forbes Breaking News)

The value of dogecoin sank to 44 cents on Sunday morning despite multiple shoutouts from Tesla billionaire Elon Musk during his much-anticipated appearance on “Saturday Night Live,” a disappointment for the many investors who hoped the self-proclaimed “Dogefather” would help rally the coin’s value past $1.

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Dogecoin Down Nearly 40% From Record Value After Elon Musk ‘SNL’ Appearance | Forbes