Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Great meme lover, Tesla CEO and fake chairman of the Dogecoin board Elon Musk, has helped another meme cryptocurrency add 20% in just a few hours: Floki Inu.
Three hours ago, the centibillionaire posted a tweet about the Vikings being the first to get to the moon as a U.S. space mission found the remnants of a Viking ship on Earth's natural satellite.
The community connected it with Floki—the peculiar shipbuilder from popular TV series "Vikings." Thus, the Floki Inu coin printed an almost 20% surge on the tweet of Elon Musk.
According to @CoinMarketCap , after the tweet, the price of @RealFlokiInu token has risen from $0.00022 to $0.00026, an increase of 18% in the past hour. https://t.co/jxVEkH8kPj
— 8BTCnews (@btcinchina) November 3, 2021
Musk has been pumping mostly Dogecoin with his meme tweets. However, as he often also tweets about Shiba Inu, SHIB also gains momentum from his tweets. The fact that Musk's Shiba Inu pupply is named Floki allows this coin to grow on his Twitter posts, too.
As reported by U.Today earlier, Musk's little Floki has been appointed to be the fake president of Dogecoin. The Tesla CEO has been chosen as the fake chairman of the Dogecoin board.
At the moment, FLOKI is worth more than SHIB as the coins are trading at $0.0002501 and $0.00006577, respectively.
Arman Shirinyan
Alex Dovbnya
