New Delhi: Tesla CEO Elon Musk is going to host the epic TV show 'Saturday Night Live' on May 8 and the meme-cryptocurrency 'DogeCoin' is making gains because of that. The value of one DogeCoin sits at 70 cents. but fans hope this will increase to $1 after Musk's appearance on Saturday. DogeCoin 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. The digital token, symbolized by the Shiba Inu dog breed, shot up to a six-week high after a tweet by Tesla and SpaceX CEO Elon Musk. Since then Elon Musk wouldn’t stop tweeting about it. On February 1 he expressed his support for Dogecoin in an interview and said it is a ‘good thing’. Saturday Night Live Elon Musk will host the show on Saturday with Miley Cyrus being the musical guest for the night. Musk recently mentioned DogeCoin while teasing the name of a sketch he can perform during his appearance on the show. The Dogefather SNL May 8 — Elon Musk (@elonmusk) April 28, 2021 As soon as he tweeted this, people started reacting You're THE Dogefather, you should get a Shiba inu ? pic.twitter.com/98gBpHEZMK — Pranay Pathole (@PPathole) April 28, 2021 The Meme Lord strikes again! The world will watch, the internet will break... it’s an offer you can’t refuse... The #DogeFather - May 8th on SNL! ? pic.twitter.com/1WD6u6IRuJ — ??? (@itsALLrisky) April 28, 2021 $5 ON MAY 8!! SNL LIVE! NO TO PANIC SELL!! SNL IS 4 DAYS AWAY!!!?????? THE DOGE FATHER @elonmusk LIVE! ??? $5 IS COMING!! — Robin Miranda (@RobinMiranda05) May 4, 2021 The most entertaining outcome is the most likely ??? pic.twitter.com/6QLN7rywqi — The Chairman (@WSBChairman) April 28, 2021 #Dogecoin is at $0.71 and the price looks strong. SNL is very soon but we still have time for a higher jump. RT if you want #Doge to hit $1 before SNL. pic.twitter.com/FVsmKehYey — Dogecoin Trade (@DogecoinTA) May 8, 2021
