News02 August 2022

Floki Inu token up 24% after Elon Musk's accidental Twitter promo

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Elon Musk recalled his pet Floki on Twitter. Following the billionaire's post, the token's value with the same name pumped by 24%. It became known that Floki Inu renewed ATH reached on May 5. For now, the price per coin is $0.000016. 

Twitter users have been asking Elon Musk to publish a pet photo. The billionaire innovator replied that he would show Floki tomorrow. After that, the token price with the same name began to rise rapidly. 

As a reminder, the Floki Inu token was created last year thanks to Elon Musk’s tweets. He claimed he wanted to buy a dog named Floki. The token creators decided to grab the idea and launch the Floki Inu token.

Today, Floki Inu is compared to meme-based cryptocurrencies - Dogecoin and Shiba Inu. However, the creators of Floki are using the token for payments, working on an education platform and DeFi infrastructure. 

Earlier, Musk stated that Dogecoin has a good prospect. After that statement, the coin has also seen a tangible increase in value. Dogecoin became 18% more expensive overnight. 

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