The three leading meme coins — Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOKI) — rallied higher following Elon Musk’s meme declaring his dog, Floki, the new CEO of Twitter.
FLOKI rose roughly 42% following Musk’s tweet to $0.00003 as of press time. The trading volume of the meme coin increased by 290% in the last 24 hours.
(By Oluwapelumi Adejumo)
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