The Musk Effect: Santa Floki Coin Soared 18,800% In 2 Days Following Tesla's CEO Tweet

The world’s richest man posted a photo on Twitter about his dog wearing a Santa Claus outfit with a message “Santa Floki.” So far, nothing out of the ordinary. Yet, a cryptocurrency token with the same name surged by five-digit percentages in the following hours before it dumped shortly after.

Aside from being the CEO of some of the most prominent companies nowadays, Elon Musk’s name is synonymous with massive gains for memecoins in the crypto space. His influence has grown well outside of Dogecoin, where it stood at the beginning of the year as numerous copycats emerged in attempts to

😄 😄 😄 😄

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dog-themed cryptocurrency surges 3,500% after Elon Musk Christmas tweetA cryptocurrency named after Elon Musk’s dog multiplied in value this weekend after the world’s richest man posted a photo of his cute canine on Twitter. babysantafloki $bsf babysantafloki $babysantafloki Helping 5 people pay their bills and groceries this Christmas,send me a dm if you need help Santa_Floki is the real Christmas present this year!🎅🏼🚀
Source: nypost - 🏆 91. / 67 Read more »

Elon Musk Reacts to New DOOM Mode That Lets You Photograph NFTs for MoneyElon Musk keeps ridiculing non-fungible tokens as the backlash against the latest cryptocurrency fad continues to grow elonmusk I am not either
Source: Utoday_en - 🏆 295. / 63 Read more »