Dogecoin has crashed 75% against Bitcoin since Elon Musk’s SNL appearance

Dogecoin (DOGE) may be back in the top-ten cryptocurrency by market capitalization, but its loses in both United States dollar and (BTC) terms since Elon Musk’s Saturday Night Live (SNL) appearance are considerable.

The trading pair has fallen 75% after peaking out at 1,287 satoshis on May 9, 2021, a day after Musk was a guest host on SNL, including a sketch titled The Dogefather.

DOGE/BTC daily price chart. Source: TradingView
DOGE/BTC weekly price chart. Source: TradingView

A 40% decline against the dollar

weekly price chart. Source: TradingView

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