Tesla’s CEO Elon Musk appeared in popular Saturday Night Live (SNL) where viewers were expecting him to comment on Dogecoin. However, the Dogecoin price drops by 25%. Elon Musk in the show commented that Dogecoin is a ‘digital asset’ while taking on the character of a ‘financial advisor’ on the show. These comments didn’t help price surged and it fell over 25% shortly after his appearance. The coin lost almost $30 billion in market cap in the past four hours alone.