[Captions are auto-generated] Welcome to Rolling Stone News, I'm Reed Dunlea. Elon Musk, the self-proclaimed the Dosch father, discussed dogecoin and cryptocurrency on Saturday Night Live Weekend Update, playing financial expert Lloyd Ostertag. Although the character was basically just the Tesla mogul playing himself, Musk was asked by co-anchor Michael Che to explain cryptocurrency their time for digital money. But instead of being controlled by a central government, they're decentralized, using block chain technology and coanchor. Colin just took him to task on explaining Dogecoin. It's a virtual currency. It's an unstoppable financial vehicle. It's going to take over the world. So the hustle. Yes. After reaching a new high of seventy three cents Friday before settling at sixty nine cents in the hours before Musks SNL gig, the value of Dogecoin plummeted during and after the show itself going as low as 43 cents.
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