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Elon Musk’s Tweet Triggered a 25% Price Surge for Viral Meme Coin FLOKI: Details

FLOKI Price

The world’s wealthiest man – Elon Musk – is among the many most influential within the crypto area, and his interactions typically trigger main worth fluctuations for the concerned belongings.

Just lately, he posted an AI-generated video on X that depicts his pet (named Floki) because the CEO of the social media platform. Specifically, the clip options a canine in a tie and glasses, seated at a desk and coated with paperwork.


Somewhat expectedly, the meme coin Floki (FLOKI) soared instantly after the tweet. Its worth has spiked by 25% on a each day scale, reaching a ten-day high. Despite the surge, the dog-themed meme coin stays outdoors crypto’s prime 100 membership, at the moment positioned because the One hundred and thirtieth-biggest digital asset with a market capitalization of round $800 million.

FLOKI Price
FLOKI Price, Source: CoinGecko

This isn’t the primary time FLOKI has rallied after a Musk Joke. Around Christmas time in 2021, Tesla’s CEO posted a photograph on X of his canine carrying a Santa Claus outfit with a message, “Floki Santa.” The interplay triggered a mindblowing surge of just about 20,000% for the meme coin’s worth within the subsequent 48 hours.

In February 2023, Musk was wanting for a new CEO to take over X (previously Twitter). To add a twist of humor to the endeavor, he described his canine Floki as “nice with numbers” and positioned him on the manager’s chair.

Needless to say, the meme coin’s valuation soared by double digits in a matter of minutes after the tweet.

The put up Elon Musk’s Tweet Triggered a 25% Price Surge for Viral Meme Coin FLOKI: Details appeared first on CryptoPotato.

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