The Story Behind the Fluctuations of the Twitter Trending, Dogecoin Why does the meme coin become a trend on Twitter? Is it just because of the tweets by Elon Musk and his appearance in SNL? Dogecoin originally started as a joke, is now racing to reach $1 in price with a market cap of $93.38 billion at present and stood as the fourth-largest cryptocurrency in the world- all thanks to Elon Musk, the CEO of Tesla Motors. Dogecoin logo Elon Musk’s favorite cryptocurren c y, dogecoin is now trending on Twitter with #dogetothemoon , #ElonMuskSNL , and #dogeCoinTo1Dollar tags. Though it is not new with Musk’s tweets about dogecoin, it has a different reason this time for a lookout. The sudden attention and the rise in price at this hour are due to the tweets by Elon Musk stating his appearance in “ Saturday Night Live ”, NBC’s Emmy Award-winning late-night comedy show. It is the first time Elon muck is hosting the SNL and is also the first time that the sho...