New York (CNN Business) Dogecoin prices rebounded Tuesday morning after Tesla CEO Elon Musk asked his nearly 54 million Twitter followers if they want his car company to "accept Doge." Nearly 77% of the poll's respondents said yes. But even after a nearly 10% price spike Tuesday — from about 46 cents to around 50 cents per coin— dogecoin is still trading well below the levels it hit just before Musk's "Saturday Night Live" appearance a few days ago. Dogecoin prices were north of 70 cents early Saturday and had pulled back a bit to around 65 cents just before the show aired. The cryptocurrency promptly fell about 20% to 51 cents just after the show and kept sliding to about 44 cents Sunday morning before recovering a bit.

Source: CNN May 11, 2021 14:20 UTC