The price of Dogecoin was’running’ over the weekend. This is because Elon Musk, Tesla CEO, appeared on Saturday Night Live (SNL) and the news of SpaceX payment.
As of 9:15 am on the 10th, Dogecoin is trading at 685 won, down 2.56% from the previous day on the domestic cryptocurrency exchange Upbit.
â—‡ Elon Musk SNL “Dojicoin is a scam”… Report fell 38.4% from 889 won
Earlier, on the 8th, Dogecoin once recorded a reported price of 889 won. This is interpreted to be due to the anticipation of Elon Musk’s appearance on the SNL scheduled for 12:30 pm (Korean time) on the 9th.
However, in about 35 minutes from 12:40 on the 9th when Elon Musk appeared on SNL, the price of Dogecoin plunged to 642 won.
On this day, Elon Musk promoted Dogecoin on SNL, but he answered “yes” to the question “Is Dojicoin a hustle” in the satirical news section. There wasn’t.
Eventually, the price of Dogecoin, which continued to fall on this day, fell 38.4% from the peak to 548 won.
â—‡ Elon Musk “Space X Moon exploration cost to dojiro”… 548 won → 728 won
However, there was a’reverse’. SpaceX, a space exploration company with Elon Musk as CEO, announced that it has decided to receive the cost of its lunar exploration program in Dogecoin.
On the 10th at 3:7 am (Korean time) US economic channel CNBC said, “A company called Geometric Energy has decided to pay the cost of SpaceX’s lunar exploration plan’Doji-1′ with Doji Coin.” I confirmed this fact,” he reported.
With such news, the price of Dogecoin on Upbit once again rose to 728 won on the 10th. It is a 32.8% increase from 548 won, the lowest point on the 9th again in one day.
On the same day, Elon Musk also uploaded (posted) the content of “To the mooooonnn!!”, saying, “SpaceX will shoot the Doji-1 satellite to the moon in 2022,” via Twitter at 7:41 am. .
In the tweet, Elon Musk added that all costs are paid in Dogecoin, and added that'(Dojicoin) is the number one cryptocurrency in the universe’ and’the number one meme in the universe’.