Dogecoin value plummeted

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The value of dogecoin plummeted in the early hours of Sunday in the United States, after Tesla CEO and cryptocurrency supporter Elon Musk referred to it as a "hustle" when appearing as a guest host on "Saturday Night Live."

On the cryptocurrency exchange Binance, Dogecoin was trading at $0.47, down 28% from its previous high of $0.65 before the display.

Dogecoin has increased by more than 800 percent in the last month, according to cryptocurrency data tracker CoinGecko.com.

Publish : 2021-05-09 19:40:00

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