Dogecoin Soars Past $0.50 USD Ahead of Elon Musk's 'SNL' Appearance

Dogecoin, the memecoin that Tesla CEO Elon Musk has fervently embraced, soared past $0.50 per coin on Tuesday.According to Coindesk, the cryptocurrency has yielded a 33 percent return within the past 24 hours and has surged over 11,000 percent year-to-date. Currently, the coin has a market cap of $72.5 billion USD.Senior market analyst at Oanda, Edward Moya, speculated in a blog post on Tuesday that Musk's upcoming Saturday Night Live appearance on May 8 is helping fuel the coin's current spike....