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'A total make-or-break for dogecoin,' says one crypto investor as Elon Musk prepares to host 'Saturday Night Live'

(Alesia Kozik/Pexels) (MarketWatch) — “This Saturday is going to be a total make-or-break for dogecoin,” Beesetti told MarketWatch in a phone interview. “If he can really get the messaging right, dogecoin can really take off…or it’s going to crash to wherever it’s going to crash to,” she said. The 25-year-old investor is one of a number of relatively young traders who are piling into speculative altcoins like dogecoin as the so-called joke asset mints millionaires and draws some concerns about a bubble forming in the nascent crypto complex. Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live,” this weekend and his coming appearance has already drawn cheers and jeers.

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