SNL - Elon Musk Presents And Explains Dogecoin

Of course over the weekend my boyfriend made us sit by the TV and watch Elon MUsk host SNL so he knew when to sell his Dogecoin.

And now SpaceX has announced that it's going to accept Dogecoin for Lunar Missions. The huge company plans to launch a rocket funded entirely by Dogecoin. Geometric Energy Corporation is behind the DOGE-1 Mission to the Moon that's set to take place next year.

SpaceX founder Elon Musk has been a huge proponent of Dogecoin. Comments by Musk on “SNL” this weekend deflated the value of the cryptocurrency – to the tune of 30-percent. The decrease is being attributed to Musk's joke that dogecoin is a "hustle."

According to CoinGecko-dot-Com, as of the end of last month dogecoin was the world's fourth largest digital currency.

Check out this clip if you missed the show.

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