The Floki token rate jumped by 46%

The Floki token (FLOKI) exchange rate increased by 46% after the head of Tesla and SpaceX, Elon Musk, published photos of his Shiba Inu dog named Floki. 

On February 15, the billionaire posted a photo of his pet on the social network and called him the new CEO of Twitter, noting that Floki is well versed in numbers. «The new CEO of Twitter is amazing,» the billionaire wrote.

As a result, Floki – the management token in the ecosystem of the same name, which includes the gaming metaverse, the NFT marketplace, the FlokiFi DeFi project and the educational crypto platform – has sharply jumped in price. 

Other meme «dog» cryptocurrencies also reacted with a slight increase. Dogecoin has risen in price by 6% over the past day, Shiba Inu – by 4.5%.

Elon Musk announced that he will name his puppy Shiba inu Floki on June 25, 2021. Then the billionaire's tweet caused the Shiba Inu cryptocurrency quotes to rise by 9%. In December of the same year, after the billionaire published a photo of Floki, the value of the Santa Floki token increased by 4000%, but since then it has fallen to zero values.