Cryptocurrency News
Dogecoin has crashed 75% against Bitcoin since Elon Musk’s SNL appearance
2022.09.18 08:57
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 USD and (BTC) terms since Elon Musk’s 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 Saturday Night Live, 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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