Cryptocurrency Dogecoin surges ahead of Elon Musk’s ‘SNL’ gig

SpaceX might not be the only thing Elon Musk has sent into the stratosphere.

Dogecoin, a meme cryptocurrency that was launched as a joke in 2013, has risen more than 100 percent in the past week as Musk, an influential crypto backer, prepares to host “Saturday Night Live.” Musk, who announced his SNL appearance by tweeting “The Dogefather SNL May 8” last week, also wrote on Twitter that the coin will “definitely” make an appearance in a comedy sketch.