The favored meme-inspired cryptocurrency – FLOKI – spiked round 41% after Elon Musk uploaded a photograph of his canine dressed as the brand new Chief Government Officer of Twitter.
Different memecoins, together with DOGE, SHIB, and BABYDOGE, additionally headed north albeit in a extra modest style.
- Tesla’s CEO and one of many wealthiest individuals on the planet – Elon Musk – is aware of the best way to flirt with memecoins. In his newest tweet, he displayed his pet signing paperwork that he’s the brand new boss of Twitter.
The brand new CEO of Twitter is wonderful pic.twitter.com/yBqWFUDIQH
— Elon Musk (@elonmusk) February 15, 2023
- He later put glasses on his canine, including it “has model” and is “nice with numbers.”
- Protecting in thoughts that the Shiba Inu breed is called Floki, it’s no marvel why the value of the dog-themed digital asset – FLOKI – skyrocketed. At the moment, it trades at $0.00002959, representing a 41% improve in comparison with yesterday’s figures.
- Musk beforehand vowed to nominate a brand new CEO of Twitter as the principle situation for the upcoming chief is to be “silly sufficient.” The crypto group was fast to react, saying his pet might completely fill the place.
- Different tokens, resembling Dogecoin (DOGE) and Shiba Inu (SHIB), additionally climbed following Musk’s actions. The previous is up practically 6%, whereas the latter rose 5%.
- This isn’t the primary time the South African billionaire has prompted a value growth of memecoins. He dressed his canine in a Santa Claus outfit on Christmas 2021, whereas group members used the chance to introduce a brand new coin referred to as Santa Floki (ticker: HOHOHO).
- It surged by practically 19,000% within the subsequent 48 hours earlier than plunging shortly after.
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