Whatever his intention, Elon Musk has put Dogecoin investors in a vulnerable position. Should Bitcoin holders be worried too?
Dogecoin was quoted as low as $0.416 on crypto exchange Binance, down 36 percent from levels around $0.65 before Elon Musk called it a 'hustle' during his guest-host spot on the "Saturday Night Live."
The latest spike in the price of meme-based cryptocurrency is fuelled by renewed endorsements by the billionaires and listings on eToro and Gemini exchanges.
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