Amid the cryptocurrency market stirs, popular meme coins like DOGE, SHIB, and FLOKI turned aggressively bullish in the intraday session. This all happens because of Twitter CEO — Elon Musk —- latest Twitter post.
One of the richest men worldwide – Elon Musk— uploaded a post of the dog ‘FLOKI’ with the caption “the new CEO of Twitter is amazing”. After this tweet meme coins nature became highly volatile which include DOGE, SHIB, and the most trending FLOKI.
While, FLOKI, the cryptocurrency inspired by the name of Musk’s dog, is up more than 60% in a matter of hours. This rapid rally again caught the attention of traders after registering a 200% rally in January.
As per CoinMarketCap data, the current price of the FLOKI token is $0.0000375 at press time. Along with that, other meme tokens like DOGE, and SHIB, also followed the footprints of FLOKI. After the tweet, DOGE pumped 6%, and SHIB pumped 7%, in a matter of time.
Elon Musk later said that the new Tesla Chief Executive Officer (CEO) is “So much better than that other guy.” Meanwhile, Musk indirectly targeted former Twitter CEO Parag Agrawal, who left Twitter on 27 October 2022.
During the past three months, FLOKI crypto surged by over 400%, while other popular meme coins such as DOGE and SHIB have yet to register 100% growth.
