Elon Musk Tweet Pumps Dogecoin, Floki Inu, Shiba Inu Prices

Elon Musk Tweet Pumps Dogecoin, Floki Inu, Shiba Inu Prices

Twitter and Tesla CEO Elon Musk on Wednesday tweeted a picture of his dog “Floki” with the caption “new CEO of Twitter is amazing.”

Elon Musk meme declaring Floki as the new CEO of Twitter sends Dogecoin, Floki Inu, and Shiba Inu prices to rally higher. He also said he is even much better than that other guy, great with numbers, and has style.

Several crypto influencers reacted to Elon Musk’s tweet including Dogecoin creator Shibetoshi Nakamoto, Matt Wallace, Shiba Inu lead developer Shytoshi Kusama, David Gokhshtein, and others.

Floki Inu (FLOKI) price skyrocketed over 45% after Elon Musk Tweet, with the current price trading at $0.00002974. The FLOKI price jumped from a low of $0.00002092 to a high of $0.00003278 in the last few hours. The trading volume on FLOKI pumps nearly 250% in the last 24 hours.

Meanwhile, Elon Musk’s favorite meme coin Dogecoin (DOGE) price soared over 5% in just an hour. The DOGE price is currently trading at $0.08599. The 24-hour low and high are $0.08127 and $0.087, respectively.

Other meme coins such as Shiba Inu (SHIB) and BONE prices also rallied by 4% and 8%, respectively. Shiba Inu’s lead developer Shytoshi Kusama on Tuesday revealed that the Layer-2 blockchain Shibarium is ready and will be released soon. Also, he has confirmed that Shibarium is coming before May this year.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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