FLOKI Inu gains 20% following Elon Musk’s Vikings tweet

on Nov 3, 2021
  • Meme-based token Floki Inu saw a 20% rise following Elon Musk’s Vikings tweet.
  • The Tesla chief has had a massive influence on the popularity of other tokens like Dogecoin and Shiba Inu.
  • He was recently made the fake chairman of the Dogecoin board.

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Another cryptocurrency has benefited from the tweets of billionaire Tesla Chief Executive Officer, Elon Musk. This time, Floki Inu (FLOKI/USD)has become the beneficiary, gaining 20% a few hours after Musk’s tweets about Vikings and the moon.

Musk tweeted that Viking was the first to get to the moon as the remains of a Viking ship were found on Earth’s natural satellite by a U.S. space mission.

The Floki Inu has gained over 300% in recent times before the sharp increase thanks to Musk’s tweet.

FLOKI increasingly gaining popularity

The token is increasingly gaining popularity in the cryptocurrency market. It was created by an unknown team of developers who were enthusiastic members of the crypto community. The memecoin project runs on Binance Smart Chain (BSC) and blockchain networks.

The community liked the token with Floki, a unique shipbuilder from the popular TV series “Vikings.” And when Elon Musk tweeted about Vikings, the token surged suddenly in response to the tweet.

Based on data from CoinMarketCap, the price of the Floki Inu token rose from $0.00022 to $0.00026 one hour after Musk’s tweet 

Elon Musk keeps having a massive impact on the industry

Musk is well known in the crypto industry for his love for Dogecoin (DOGE/USD), the meme-based token. He has promoted the crypto asset on several occasions. However, he has tweeted about Shiba Inu, another meme-based token. Each time he tweets, the token takes a little ride upward. However, Musk’s interest in Floki Inu is a little different, as his Shiba Inu puppy is named Floki. This allows the token to surge when he posts on Twitter.

Presently, FLOKI is more valuable than Shiba Inu, with the former trading at $0.0002501 while the latter is trading at $0.00006577.

Elon Musk was recently appointed to be the fake Chairman of the Dogecoin board. 


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