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Elon Musk warns investors ahead of SNL, says Cryptocurrency is promising, but please invest with caution

“If you want to sort of speculate and, I don’t know, maybe have some fun, I mean, there’s a good chance that crypto is the future currency of earth.”, he added

New Delhi:  Despite rumours that ‘Saturday Night Live’ cast members are upset over Elon Musk hosting the show this week, the SpaceX founder stated that everyone has ‘been awesome so far!’

It all started with a joke or you can say a meme and now the joke appears to be on the people who didn’t take Dogecoin seriously.

Elon Musk’s favorite meme cryptocurrency ‘Dogecoin’ came into global prominence when celebrities like Musk, rapper Snoop Dogg and rock band Kiss’ bassist Gene Simmons took to Twitter to talk about it.

Since then Elon Musk wouldn’t stop tweeting about it. But now he tweets linked to a video from celebrity news website TMZ, in which he warned: “First of all, I think people should not invest their life savings in cryptocurrency. To be clear, I think that’s unwise.”

“If you want to sort of speculate and, I don’t know, maybe have some fun, I mean, there’s a good chance that crypto is the future currency of earth.”, he added

Elon Musk is the biggest promoter of Dogecoin since the beginning of this year. He is also a major reason behind the hiked price of cryptocurrency across the globe.

According to Page Six, the 49-year-old business magnate was spotted out to dinner at Il Gattopardo Tuesday night with ‘SNL’ producers and cast members including Pete Davidson, Colin Jost, Kenan Thompson, Chris Redd, Ego Nwodim and Chloe Fineman. “[The] ‘SNL’ cast and writers have been awesome so far!” he told Page Six after meeting his co-stars at dinner.

The billionaire also pointed the outlet towards an interview Michael Che gave to the radio show ‘The Breakfast Club,’ in which he supported the Tesla honcho as host, saying “It’s a rich man’s world — of course, I want to meet him.”

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The comic said: “I am getting so much done, I am going to give him so many ideas … It’s fun. It’s exciting working with the richest man in the world.”

Talking about any controversy, Che said having Musk host is “cool, it’s polarising. I like when the show has some edge.”

“I think white people don’t like billionaires for some reason.We love our billionaires. If Oprah or Tyler Perry was coming we’d be all excited about it, but for whatever reason, I think it’s a little embarrassing when they realise how much wealth they have,” shared Che.

As reported by Page Six, the sketch show star Pete Davidson has also come out in support of Musk after cast members Bowen Yang and Aidy Bryant seemed to post about their disdain of having him host.