Dogefather

The price of jokey cryptocurrency Dogecoin had prior to SpaceX CEO Elon Musk’s shift hosting Saturday Night Live — an altcoin that the SpaceX and Tesla founder has boosted repeatedly on Twitter.

Cryptocurrency valuation is notoriously fickle, and by the end of the hour-long program, the program had fallen from a high of — a grim sign for anybody who saw long-term potential for the cryptocurrency.

Dogecoin

Musk referenced Dogecoin early on the program, during a that included his mother, Maye Musk.

During that period of the show, though, the value of Dogecoin fell precipitously — a combination, perhaps, of its limited visibility during Elon’s hosting of the show.

Redemption Arc

Late in the show, there was a segment in which Musk sang the praises of Dogecoin, saying that .

But by the end of the show, the value of the cryptocurrency had fallen precipitously — showing the limits, perhaps, of Musk as the Dogefather.

More on Dogecoin:

The post appeared first on .