Categories: Crypto News
| Published On Apr 29, 2021 6:23 am CEST  |  Updated on Aug 3, 2021 5:28 pm CEST | By Peter Siu

Elon Musk calls himself “Dogefather” as he announces to host Saturday Night Live on May 8

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It was only a matter of time after Elon Musk announced on April 25 to host the May 8 airing of Saturday Night Live, that he would once again express his love for the popular Shiba Inu.

And he did so on Wednesday. The Tesla CEO sent out a tweet, referring to himself as the “Dogefather”, that prompted immediate excitement among Dogecoin traders. DOGE surged almost 25% instantly.

The coin is currently still trading around the 32 cents mark.

Dogecoin if often featured in Musk’s tweets. On April 1 Musk claimed that SpaceX was going to put a Dogecoin on the moon. On April 15, he shared the following Tweet that caused rise to new highs of over $0.40.

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Last week, in a ‘community attempt’ to boost DOGE’s price up to $1, #Dogeday was announced. Lot of global brands jumped in on the popularity of the meme-based coin. However, it did not have the effect many thought it would have. Nonetheless, DOGE remains up 600% from the $0.05 it had long been trading on.

Mark the date, May 8 might be another #Dogeday and you might want to go long.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.