Dogecoin cryptocurrency surges ahead of Elon Musk SNL appearance – NEWS.com.au

Dogecoin, a meme cryptocurrency that was launched as a joke in 2013, has risen in value more than 100 per cent in the past week as Tesla founder Elon Musk, an influential crypto backer, prepares to host Saturday Night Live.Musk, who announced his SNL appearance by tweeting, “The Dogefather SNL May 8” last week, also wrote on Twitter that the coin will “definitely” make an appearance in a comedy sketch.
The currency briefly traded at $US0.70 ($A.89) per coin on Tuesday, and is now valued higher than…

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