UPDATE 1-Dogecoin loses third of price after Elon Musk calls it a ‘hustle’ on ‘SNL’

(Updates price, adds commentary)

By Alden Bentley and Gertrude Chavez-Dreyfuss

NEW YORK, May 9 (Reuters) – Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the “Saturday Night Live” comedy sketch TV show.

Dogecoin was quoted as low as $0.416 on crypto exchange Binance…


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