Dogecoin price plummeted as much as 23 percent as #Tesla CEO delivered his monologue at the Saturday Night Live (SNL) television show.
In his much-anticipated monologue, Musk did not mention Dogecoin, causing a sharp fall in the price of the cryptocurrency.
However, when his mother, Maye Musk, who joined the show on the occasion of #Mothers' Day, said, "I’m really excited for my Mother’s Day gift. I just hope it’s not dogecoin", Musk said, "It is".
At the time of writing this, #Dogecoin is trading at $0.55, according to #Coindesk. The price is down 23% on a 24-hour basis.