cryptoglobe.com
On Saturday (May 8), with just hours to go before Tesla CEO Elon Musk talks about Dogecoin on comedy sketch show Saturday Night Live (SNL), Digital Currency Group (DCG), owner of Grayscale Investments, shocked the $DOGE community by saying that his company had just gone short on $DOGE.
Data by TradingView indicates that at 04:55 UTC on crypto exchange Bittrex the Dogecoin price got as high as $0.7390, setting a new all-time high.
Currently (as of 19:00 UTC on May 8), Dogecoin is trading around $0.6703, which means that it is still the fourth most valuable cryptoasset (by market cap). In the past 24-hour period, DOGE-USD is up 5.94%. As for the year-to-date period, DOGE-USD is up an insane 14,161%.
Tesla CEO will have his hosting debut on US TV show SNL at 23:30 ET on May 8 (or 03:30 UTC on May 9).
TONIGHT pic.twitter.com/guHhtt3Pj4
— Saturday Night Live – SNL (@nbcsnl) May 8, 2021
#Dogecoin If this is true Doge will go past $1 Saturday night pic.twitter.com/ALPxPcjqki
— Jae (@JaeLonzo) May 8, 2021
At 16:38 UTC, DCG CEO Barry Silbert shocked the Dogecoin community by announcing that his firm had gone short $DOGE via crypto exchange FTX. Naturally, Dogecoin co-creator Billy Markus was not too happy to hear this news.
The parent of @CoinDesk is going short?
— Shibetoshi Nakamoto (@BillyM2k) May 8, 2021
Shocking, the agency responsible for spreading much Dogecoin misinformation is publicly declaring that they are shorting Dogecoin
Pretty cool guys, way to stick it to the people and make the elite rich richer?
Cryptocurrency social media analytics platform LunarCRUSH said less than an hour ago ago that out of all top 10 cryptoassets by market cap, in terms of “Twitter Volume + Bullish Sentiment”, over the last seven days, Dogecoin came out in first place.
What an incredible week to track the socials. Much change.
— LunarCRUSH Social Listening for Cryptocurrencies (@LunarCRUSH) May 8, 2021
Top 10 coins by Social Volume + Bullish Sentiment👇$doge #dogecoin$btc #bitcoin#safemoon$cake #pancakeswap$eth #ethereum$sol #solana$ada #cardano$bnb #bnb$link #chainlink$shib #shibainu https://t.co/GE2rziDtBh pic.twitter.com/U4hikQXGjZ
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