‘Say something, Elon Musk!’ Dogecoin sheds $70B in market cap since SNL

Cointelegraph

Published Jun 22, 2021 04:24AM ET

Updated Jun 22, 2021 06:00AM ET

Dogecoin (DOGE), Elon Musk's pet favorite cryptocurrency, has shed tens of billions of dollars in value since he publicly plugged it on mainstream TV.

As sources noted this week, the meme-based altcoin's market cap is now $69 billion down versus where it was when the Tesla (NASDAQ:TSLA) and SpaceX CEO hosted Saturday Night Live.

DOGE/USD 1-day candle chart (Bittrex). Source: TradingView
Bitcoin market cap dominance chart. Source: TradingView

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