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Dogecoin goes to the moon and back after Musk’s ‘hustle’ call

Anders Melin and Joanna Ossinger

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New York | Dogecoin investors had a wild ride at the weekend. After hitting a record on Saturday ahead of Elon Musk’s appearance on Saturday Night Live, the digital currency began to fall hours before the show began and continued to drop as he delivered his opening monologue.

Dogecoin traders around the world were organising watch parties for the broadcast featuring its most prominent booster.

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    Original URL: https://www.afr.com/markets/currencies/dogecoin-goes-to-the-moon-and-back-after-musk-s-hustle-call-20210510-p57qeh