Elon Musk’s New Puppy Tweet Sends Shiba Floki Token Soaring, FLOKI Jumps More Than 900% in 24 Hours – Altcoins Bitcoin News

The CEO of Tesla, Elon Musk shared an image of a Shiba Inu pup and stated “Floki has arrived” to his 59.8 million Twitter followers. Of course, the tweet affected the price of a few specific meme-based crypto assets that leverage the “Floki” name.

Shiba Floki Token Soars After Elon Tweets an Image of His New Pup

Elon Musk has been a fan of dogecoin (DOGE) for some time now and on a number of events, the CEO of the electrical automotive producer Tesla has tweeted a reference to different meme-based canine cash previously. Musk referenced “baby doge” in a tweet and in a video shared on Twitter, Musk said “daddy doge,” while being escorted to his car. At the moment, there have been greater than 30 doge-like cash that both shared the identify “doge” or the kind of canine “Shiba Inu.”

On Sunday, September 12, Elon Musk tweeted about a new puppy arrival and happily tweeted “Floki has arrived.” Now after all, identical to his child doge coin sing-along shared on Twitter in July and the daddy doge video mention, the tweet is meaningless when it comes to crypto property. However, despite the harmless sharing of a cute Shiba Inu pup photo, Musk’s tweet once again has affected the price of at least two specific crypto assets.

As an example, over the past 24 hours alone, the token shiba floki (FLOKI) jumped a whopping 969.5% in worth. The token FLOKI is swapping for $0.000000006177 per unit at the time of writing. FLOKI is taken into account a “community-owned” meme foreign money and the web site says the token is “hyper deflationary. ” The coin’s data shows there’s been a quadrillion FLOKI tokens minted and the tokens have been transferred across 18,847 addresses.

One other token with a really comparable identify floki inu (FLOKI) has jumped 83.9% over the past 24 hours and now trades for $0.00003431 per unit. Statistics indicate that there are 10 trillion coins minted.

Each currencies stem from the identical undertaking and share the identical web site, however the shiba floki (FLOKI) coin is a Binance Sensible Chain (BSC) token and floki inu (FLOKI) is an Ethereum-based ERC20 token.

The ERC20 FLOKI coin has a market valuation of $343,100,000 at current prices. The Binance Sensible Chain model of FLOKI has a market cap of round $6.1 million utilizing present trade charges.

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