Is Floki Inu Becoming Elon Musk's 'New Dogecoin'?
Tesla’s CEO, Elon Musk, has been an integral part of the cryptocurrency ecosystem. While he is evidently inclined towards the OG meme cryptocurrency, Dogecoin [DOGE], other meme-inspired tokens are also seen making the most of it. Floki Inu [FLOKI] was one among them. It isn’t news that Dogecoin has been increasingly influenced by Musk’s tweets. Since Musk’s last tweet about Twitter’s new CEO, Floki Inu has also registered market highs. The asset even beat Dogecoin in terms of daily growth. On Wednesday, Musk shared a tweet claiming to “let the dogs out.” This tweet caused a minor increase in Dogecoin ; Floki Inu , on the other hand, increased by more than 30%. At press time, the meme coin was trading for $0.00005293, with a 31.39% daily increase. It should be noted that the asset bounced from a low of $0.00003827 to a high of $0.00005592. Source – FLOKI/USDT Chart on TradingView As seen in the above chart, the previous ...