Floki and Dogecoin have gained significant bullish momentum today following Elon Musk’s latest tweet.
Musk tweeted a picture of his Shiba Inu dog “Floki”, captioning that the new Twitter boss is “amazing” and “better than the other guy”. Several crypto pundits reacted to the Dogefather’s tweet, including Dogecoin co-creator Shibetoshi Nakamoto, Gokhshtein media founder David Gokhshtein, Shiba Inu lead developer Shytoshi Kusama, and others. Musk also said “Floki” is perfect for the job.
Musk took over as the CEO of Twitter after his $44 billion acquisition deal for the micro-blogging platform closed in late October. It’s worth mentioning that Musk and then-Twitter CEO Parag Agrawal got off on the wrong foot when they first talked in March, and Musk ended up showing him the door just eight months later.
The price of Floki Inu rocketed a whopping 52.89% after Musk’s latest tweet, currently changing hands at $0.00003118. The coin’s trading volume is also up by 528% over the day.
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