Dogecoin reaches new highs. People are flocking to buy it in anticipation of Elon Musk's release date.

 

The price of Dogecoin seems to have risen dramatically in the last 24 hours. It reached a new all-time high four days before Elon Musk's appearance on Saturday Night Live.

The DOGEUSDT chart from TradingView shows a large increase in the DOGE price. It then went on to reach a new all-time high of $ 0.45199, shattering the previous high of $ 0.45 set on April 16.

On April 28, Elon Musk tweeted that he would be performing on Saturday Night Live and would be talking about DOGE. This sparked a market frenzy of DOGE proceeds. The price of the DOGE had risen sharply after Doge Father's announcement on May 8.

Elon Musk is well-known for his support for the DOGE coin. He always tweeted out to exploit the DOGE market, and he did so every time. The cost is steadily increasing.

His performance was eagerly anticipated. And everybody anticipates even higher price increases if Elon Musk mentions DOGE on a TV show.

Which has to wait to see if the DOGE market will be next on May 8 after he releases the TV.