Comprehensive report by Cui Zhuzhu, a journalist from Pengpai NewsOn May 8, US time, after Tesla CEO Elon Musk participated in hosting the Saturday Night Live of the old American entertainment variety show, the dog coin plummeted.In the program, Musk referred to himself as the Dogefather of Dogecoin
Comprehensive report by Cui Zhuzhu, a journalist from Pengpai News
On May 8, US time, after Tesla CEO Elon Musk participated in hosting the Saturday Night Live of the old American entertainment variety show, the dog coin plummeted.
In the program, Musk referred to himself as the Dogefather of Dogecoin. Unlike Musk's previous promotion of Dogecoin, which inevitably rose in price, the price of Dogecoin continued to decline during and after the program. Although the price of Dogecoin briefly rebounded during the period, it then fell again. As of press release, the price of dog coins has dropped 31.03% to $0.49.
It is worth mentioning that Musk is one of the few business figures invited for this program. Previously, when the Saturday Night live program was announced to invite Musk as the host, the news later sparked considerable controversy online in the United States.
When asked what dog currency is, Musk said it is the future of currency, an unstoppable financial tool that will occupy the world in the future.
When a guest in the program retorted, "So this is a 'scam'?" Musk replied with a smile, "Yes, this is a 'scam'
Musk has always been a fan of dog coins, and he has discussed dog coins multiple times on Twitter, and the price of dog coins has mostly risen with his discussions. On April 1st, Musk announced that SpaceX would bring a dog coin to the moon, and the dog coin subsequently rose by over 14%.
On Thursday, Musk tweeted a video titled "Musk Says Dogecoin May Be the Future of Cryptocurrency" and added an article stating that cryptocurrency has great prospects, but please be cautious when investing.
Musk's mother was also invited to the show, and she said she was looking forward to receiving her Mother's Day gift, hoping it wasn't dog coins. Musk replied that it was indeed dog money.
According to CoinGecko. com, the encrypted data tracker, Dogcoin surged by over 800% last month, reaching a historic high of $73 billion on Thursday, with a market value of $73 billion. In addition, Dogcoin has replaced more widely used cryptocurrencies such as litecoin and tether and has become the fourth largest digital currency.
Strange remarks are just because the brain works like this
Musk once again shared his previously publicly mentioned vision for the future in the program, such as believing that renewable energy will be the future trend and that humanity must become a multi planet civilization.
For the sake of the program's effectiveness, Musk jokingly mentioned his previous strange remarks: "I know I sometimes say or say strange things, but that's how my brain works." Musk said, "To everyone I've offended before, I just want to say, I've reinvented electric cars and used rockets to send people to Mars. Do you still think I'll become an ordinary, cold guy
When asked why he chose to build the first super factory outside of the United States in China, Musk stated that China has the world's largest car market and import tariffs can make car prices too high. He also claimed that the quality of the cars produced by the Shanghai factory is very good.
Editor in charge: It's Dong Dong
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