The post FLOKI jumps 20% after Elon Musk brings back dog-as-CEO gag appeared on BitcoinEthereumNews.com. Key Takeaways Floki’s price surged 20% after Elon Musk posted a clip of his dog as CEO of X. The price movement was driven by social media hype. Floki, a Shiba Inu-themed meme coin, surged over 20% today after Elon Musk posted a short video clip featuring his dog “Floki” dressed as the CEO of X, reviving a social media joke from 2023. The token’s price jumped from $0.000069 to $0.000085 following Musk’s viral post, according to CoinGecko data, before settling around $0.00008. The price movement highlights Musk’s continued ability to influence crypto asset prices through social media posts. He has previously demonstrated his market-moving influence on meme coins like Dogecoin, Kekius Maximus, or CumRocket through tweets, profile updates, and public statements. Source: https://cryptobriefing.com/elon-musk-meme-coin-floki/The post FLOKI jumps 20% after Elon Musk brings back dog-as-CEO gag appeared on BitcoinEthereumNews.com. Key Takeaways Floki’s price surged 20% after Elon Musk posted a clip of his dog as CEO of X. The price movement was driven by social media hype. Floki, a Shiba Inu-themed meme coin, surged over 20% today after Elon Musk posted a short video clip featuring his dog “Floki” dressed as the CEO of X, reviving a social media joke from 2023. The token’s price jumped from $0.000069 to $0.000085 following Musk’s viral post, according to CoinGecko data, before settling around $0.00008. The price movement highlights Musk’s continued ability to influence crypto asset prices through social media posts. He has previously demonstrated his market-moving influence on meme coins like Dogecoin, Kekius Maximus, or CumRocket through tweets, profile updates, and public statements. Source: https://cryptobriefing.com/elon-musk-meme-coin-floki/

FLOKI jumps 20% after Elon Musk brings back dog-as-CEO gag

2025/10/20 20:05

Key Takeaways

  • Floki’s price surged 20% after Elon Musk posted a clip of his dog as CEO of X.
  • The price movement was driven by social media hype.

Floki, a Shiba Inu-themed meme coin, surged over 20% today after Elon Musk posted a short video clip featuring his dog “Floki” dressed as the CEO of X, reviving a social media joke from 2023.

The token’s price jumped from $0.000069 to $0.000085 following Musk’s viral post, according to CoinGecko data, before settling around $0.00008.

The price movement highlights Musk’s continued ability to influence crypto asset prices through social media posts.

He has previously demonstrated his market-moving influence on meme coins like Dogecoin, Kekius Maximus, or CumRocket through tweets, profile updates, and public statements.

Source: https://cryptobriefing.com/elon-musk-meme-coin-floki/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

XRP’s Burn Rate Accompanies Price in Major Comeback

XRP’s Burn Rate Accompanies Price in Major Comeback

The post XRP’s Burn Rate Accompanies Price in Major Comeback appeared on BitcoinEthereumNews.com. XRP surges 29.01% as price spikes XRP restores hope to investors As XRP continues to trade heavily on the positive side, the leading altcoin has seen a sharp surge in its burn activity, according to data from CryptoQuant, suggesting that a bigger price surge might be underway. While XRP appears to be on track for a major comeback as its price shows the highest daily gains among the top 10 cryptocurrencies by market capitalization, the leading altcoin is seen retesting previous levels. XRP surges 29.01% as price spikes According to data provided by the source, XRP has seen a decent increase in the quantity of XRP tokens burned as fees over the last day. While XRP saw a sharp resurgence in its price amid shifting investor sentiment over the last day, the positive trend was accompanied by a major surge in its burn activity. XRP burns saw a sharp rise to 676 XRP on Oct. 24 after falling to 524 XRP the previous day. This marks a decent increase of 29% over the last day. With historical records showing that XRP had recorded significantly high burn volumes in the past months, hitting about 4,000 XRP around May, the recent surge witnessed in the metric is not impressive enough. XRP restores hope to investors Although the XRP burn activity in recent days has been moving slow, it signals resurgence in the token’s on-chain activity, fueling hopes for a bigger price rally that could see XRP reclaim the crucial $3 level soon. Nonetheless, it is important to note that the growth in its burn rate suggests growing demand for XRP as it showcases the volume of transaction fees permanently removed from circulation amid heightened payment activity. With Ripple’s recent acquisition, coupled with its growing footprint in traditional finance and the recent launch of Ripple Prime,…
Share
2025/10/26 03:36