Bitcoin latest price – Shiba Inu, Bonfire and Ethereum cryptocurrency prices rocket but Dogecoin plunges 24% after SNL

MILEY CYRUS DOESN’T UNDERSTAND DOGECOIN

Elon Musk may have dubbed himself The Dogefather – but his SNL musical guest Miley Cyrus doesn’t have a clue when it comes to Dogecoin.

The singer, 28, shared a tweet of her practicing her scales ahead of her Saturday Night Live performance – and poked fun at the complexities of the cryptocurrency.

The virtual “money” started as an internet parody more than seven years ago, according to CNN, but has since become a legitimate digital currency.

Jackson Palmer, an Australian marketer, made a joke about combining cryptocurrency and the Doge meme in 2013, but that joke has taken on a life of its own: its market cap is now over $17 billion.

Dogecoin is simply a digital coin with a picture of dog on it, according to CNET. That dog is the subject of an internet meme of a Shibe with an “inner monologue” featuring phrases like “so scare,” “much noble,” and “wow.”