The Brief: Saturday Night Live and dogecoin-themed memes are spreading across the internet ahead of Elon Musk's Saturday Night Live appearance.

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Elon Musk, Tesla CEO and dogecoin enthusiast, is hosting Saturday Night Live.

When the announcement was first made, fans and critics shared their reactions on Twitter.

https://twitter.com/JohnPGlynn/status/1386068043067969539?s=20

Musk asked for “skit ideas” which was met with jokes and push-back from several people online, including SNL cast member Chris Redd.

Musk and dogecoin have somewhat become synonymous thanks to Musk’s constant support of the cryptocurrency online. Dogecoin’s value in the stock market is also seeing a rise as we get closer to his appearance.

By Saturday morning, #DogeSNL was trending on Twitter, complete with memes to sum up investors’ hopes come Saturday night. Many memes include references to the moon implying dogecoin’s value is going to skyrocket.

https://twitter.com/Wandzz_/status/1391067486007795718?s=20