Dogecoin hits all-time high after Elon Musk's 'Dogefather' SNL tweet

The famous meme-crypto-dogecoin rose to double digits recently after Tesla's Elon Musk tweeted about the upcoming Saturday Night Live appearance on May 8. Musk tweeted "The Dogefather SNL May 8" on Wednesday, and a lot of people are assuming dogecoin. will take part in the series to some extent. Dogecoin Reaches $ 50 Billion Market Value This weekend, Dogecoin (DOGE) has begun to recover as the Shiba Inu dog-like token approaches the asset's all-time high (ATH). The last ATH dogecoin occurred two weeks ago when the cryptocurrency hit $ 0.44 per token. DOGE has gained over 45% in the past seven days, and 30-day statistics show that dogecoin has gained 537.92% against the US dollar. Recently Federal Reserve Chairman Jerome Powell was asked about dogecoin at a press conference, and Shark Tank star Mark Cuban spoke with Ellen Degeneres about DOGE. Just before the weekend, Tesla's Elon Musk, who frequently tweeted on dogecoin, talked about his next SNL appearance scheduled for May 8. In fact, Musk asked Twitter for ideas for the sketches he could do on the show. Make #Dogefather pic.twitter.com/JiZTHDRY8P – # Ðogecoin Hodler (@ChetAndrewGrant) May 1, 2021 On April 28, Tesla CEO tweeted "The Dogefather SNL May 8", which could refer to an upcoming DOGE entry at the show. About 10,000 people cited Musk's tweets on Twitter, retweeted more than 72,000 times, and received over 422,000 likes at the time of writing. Many people responded to Musk's tweet that day. "Your words give dogecoin life and energy," wrote an Indian woman. I invested 5,000 Indian rupees in the Doge. Purchased for 27 INR. Only 184 Doge pieces. Now in a little dive. This 5k is way too small for big investors. But the money earned for me is tough, ”he added. The woman's tweet received over 4,541 likes on Twitter and was highly retweeted. Since Musk's tweet, the hashtag trend is #doge

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