Elon Musk: "Mother's Day Gift is Dogecoin"‥Dogecoin Drops 30%

[Asia Economy New York=Correspondent Baek Jong-min] Elon Musk, CEO of Tesla, joked that he would give Dogecoin as a Mother's Day gift to his mother.

Elon Musk, CEO of Tesla (right), and his mother are appearing on SNL (YouTube capture)

On the 8th (local time), Musk appeared with his mother at the start of NBC's Saturday Night Live (SNL) program. The broadcast began with the theme of 'Mother's Day.'

During his opening remarks, Musk invited his mother onto the stage. Musk's mother joked, "I hope the Mother's Day gift is not Dogecoin." Musk replied to his mother, "It probably will be."

Although the two mentioned Dogecoin jokingly, the price of Dogecoin is currently falling. Dogecoin is trading at 49 cents, down 31%.