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Floki Inu coin price soars 30% after Elon Musk hires his dog FLOKI as new CEO of Twitter

Floki Inu coin price soars 30% after Elon Musk hires his dog FLOKI as new CEO of Twitter

YEREVAN (CoinChapter.com) – Elon Musk is known for many things, including shilling meme coins and owning an adorable Floki Inu pup. The latter two often coincide. On Feb 15, the eccentric billionaire tweeted photos of his dog at a desk, and Twitter went crazy, pumping the Floki Inu coin price up 30%.

Elon Musk hires Floki new CEO of Twitter

In detail, Musk has caused plenty of controversy since buying out Twitter for over $40 billion in May 2022. Moreover, he posted a poll asking Twitter users if he should step down as the CEO of the company. So, when it comes to Elon, the CEO position possibilities are a running gag. The most adorable applicant so far is the billionaire’s pup Floki, at a desk, rocking the look.

“So much better than that other guy,” added the Dogefather, and the 20,000 likes in two hours seem to back it up. Also, the Floki Inu pup “has style” and is “great with numbers,” which can also help if you’re the new Twitter CEO.

So, is Floki new CEO of Twitter? Of course not, but the pictures sure are adorable, and the Floki Inu coin investor gains in the previous 24 hours are very real.

Also read: Elon Musk pumps Dogecoin (DOGE) after Super Bowl discussion with Rupert Murdoch.

Floki Inu coin price jumps 30% on the hype

In the meme coin domain, hype is money, which FLoki Inu investors know too well. The aforementioned tweets were anough to pump the coin 30%. As a result, the FLOKI/USD exchange rate stood at $0.00002955 in the Asian-Pacific session on Feb 15.

Floki Inu coin (FLOKI) daily price chart. Source: TradingVIew.com

Meanwhile, the rally might not last, as it typically happens with hype-triggered surges. Notably, the token already recoiled from a previous resistance line, confirming the selloff fears. Additionally, the trading volumes have been declining since Jan 29 and don’t look strong enough to support another leg up.

If the Floki Inu coin price drops in the coming hours, the target would stand at approximately 0.00002094, another previous support.

Frequently Asked Questions

Is Floki new CEO of Twitter?

Of course not, but the pictures sure are adorable, and the Floki Inu coin investor gains in the previous 24 hours are very real.

Also read: Floki Inu Gets Listed On Kanga Exchange, Burns Tokens, Price Fails To Respond.

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