The multi-billionaire Elon Musk did not fail on Saturday to rent Dogecoin again, a digital currency originally created as a joke, which he helped legitimize in his tweets.
In a sketch broadcast during the American satirical comedy show SNL (Saturday Night Live), to the question "
What is Dogecoin?
".
Elon Musk ends up answering: "
It is an unstoppable financial vehicle which will conquer the world
".
And to add enthusiastically: "
Forward to the Moon!"
".
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But he also admitted that it was a "
scam
". Even though it was said in a joke (see video below), this joke sent the price of Dogecoin plunging down about 30% during the show to close around 55 cents after the 'program. This Sunday, the cryptocurrency with a dog's head was not doing any better. On the contrary, the euphoria has indeed subsided. By late afternoon, Dogecoin was trading around 40 cents a unit.
A few hours before the show, it was still worth 59 cents. The announcement of Elon Musk's participation had made his course flare up. The performance of the whimsical boss of Tesla did not seem to convince investors who decided to take their profits. And to bring the “people's crypto” back to earth.
