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Dogecoin Spikes on Elon Musk’s SNL Tweet

The Tesla CEO referred to himself as “The Dogefather” ahead of his SNL appearance on May 8.

Ni Jamie Crawley
Na-update Set 14, 2021, 12:47 p.m. Nailathala Abr 28, 2021, 8:43 a.m. Isinalin ng AI
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Elon Musk has teased his Twitter followers about the possibility of dogecoin (DOGE) featuring in his "Saturday Night Live" hosting debut, prompting a spike in the crypto’s value.

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  • The Tesla CEO tweeted Wednesday “The Dogefather SNL May 8” referring to his hosting spot on "Saturday Night Live," which was announced last week.
  • The tweet seemingly prompted excitement among dogecoin traders that the meme-based crypto would see further attention in front of a large television audience.
  • DOGE is a parody crypto derived from the "Doge" meme created in 2013, which has seen an increase in price of over 6000% in 2021, thanks in no small way to the attention garnered by the Tesla CEO.
  • Having trended downwards toward $0.25 over the previous 24 hours, dogecoin spiked more than 20% to over $0.31.
  • It subsequently pulled back and is priced at just under $0.29 at the time of writing.
  • Dogecoin most recently featured in Musk’s tweets on April 1 when he claimed that “SpaceX is going to put a literal Dogecoin on the literal moon,” in what may or may not have been an April Fool’s joke as DOGE, like all crypto, is digital by definition and not physical.
  • Joke or not, the tweet was followed by a 32% rise in the price of the Shiba Inu-represented crypto.

See also: Mark Cuban Touts Dogecoin on ‘Ellen’: ‘A Whole Lot Better Than a Lottery Ticket’

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Protocol Research: GoPlus Security

Ni CoinDesk Research
Nob 14, 2025
Commissioned byGoPlus
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Ano ang dapat malaman:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

Ni Helene Braun, AI Boost|Edited by Cheyenne Ligon
13 oras ang nakalipas
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K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.

Ano ang dapat malaman:

  • K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
  • The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
  • With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
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