With the new ‘Twitter CEO’ avatar, Floki Inu coin now joined Dogecoin (DOGE) in the list of memecoins of interest to Elon Musk. Perceived as a rival to Shiba Inu (SHIB), it is a multichain token on Ethereum (ETH) and Binance Smart Chain (BSC), is currently ranked under top 100 based on market value. Considering the huge validation DOGE received thanks to Elon Musk’s open endorsement, FLOKI is slated for a huge rise in the coming months if he continues to mention the memecoin.
Although it was only a meme about Floki being the new Twitter CEO, it might have been a subtle signal from Musk that he is indeed serious about the hunt for his replacement. He explained that Twitter could perhaps have a new CEO by the end of 2023.
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