It had topped 70 cents for the first time just days earlier — a surge that Edward Moya, a senior market analyst at the currency data and analytics company Oanda, attributed to the buzz surrounding the Tesla and SpaceX chief’s hosting gig. “Musk will undoubtedly have a sketch on cryptocurrencies that will probably go viral for days and further motivate his army of followers to try to send Dogecoin to the moon,” he wrote.

Source: Washington Post May 10, 2021 15:29 UTC