FLOKI jumps 20% after Elon Musk brings back dog-as-CEO gag
Summary
The meme coin Floki experienced a price surge of over 20%, rising from $0.000069 to $0.000085 before settling near $0.00008, following a viral social media post by Elon Musk. Musk revived a 2023 joke by posting a short video clip featuring his dog, named Floki, dressed as the CEO of X. This event underscores Elon Musk's significant and continued ability to influence the prices of crypto assets, particularly meme coins, through his social media activity.
(Source:Crypto Briefing)