Elon Musk Confirms DOGE Will Get SNL Treatment, Coin Rises 10%

Elon Musk confirms DOGE will get SNL treatment next week and the coin increased immediately by 10% so let’s read more in today’s DOGEcoin news.

Elon Musk confirms that there will be a comedy skit on Dogecoin during the next Saturday Night Live show after he asked his 54 million Twitter followers. He asked which skits he should commission or the SNL show which he will be hosting on May 8. The request came fast and one request kept on popping up: DOGECOIN.

The DogefatherSNL May 8

— Elon Musk (@elonmusk) April 28, 2021

Musk replied “Definitely” to the idea and then the Doge price increased by 10% to $0.4. We already know that Musk will make a skit on Doge and he tweeted previously when the price of the coin spiked 15%:

 “The Dogefather. SNL May 8.”

One word: Doge

— Elon Musk (@elonmusk) December 20, 2020

The price of Dogecoin dipped to $0.37 which is the price before Musk confirmed that DOGE will feature in SNL. Whenever he mentions the coin, it’s like the coin listens immediately and performs a price rise. Musk tweeted again about the coin but if take a look back, most of the coins don’t have an effect on the price like they used to. We will see what happens when DOGE is mentioned on SNL. The widespread hope is that it will catch up with a new crowd that will flock to the coin after Musk’s endorsement. If the skit is funny and well-received, those who put money in it will see the price of the coin rise triumphantly.

Summin about The DOGEFATHER

— Chris – Global Shenanigans (@gshenanigans1) May 1, 2021

As previously reported, DOGEcoin eyes new surge and is rising and the bulls are going for an upside break above the $0.3500 resistance while the coin holds strong the ground above the $0.2800 level against the US dollar. The price is now trading nicely above the $0.300 support and the 100 simple moving average with the major bullish trend line forming with the support at $0.2950 on the 4-hour charts of the pair that will start a strong rally once it manages to clear the $0.3350 and the $0.3500 resistance level.

After forming a new base above the $0.200 and the $0.2200 level, DOGE started a new increase similar to ETH and broke a few major hurdles near the $0.300 level. DOGE even settled above the $0.3000 support and the 100 simple moving average and spiked towards the $0.3500 level where the bears took quite the stand.

Source: Elon Musk Confirms DOGE Will Get SNL Treatment, Coin Rises 10%

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