Musk tweet once again pushes meme-inspired cryptocurrency up

Last week, the Floki Inu coin hit a record high after the Tesla boss tweeted the image of the Shiba Inu puppy, captioning it

“Floki has arrived.” There was a 150 pc rise reflected across other alternative cryptocurrencies bearing similar names, including Floki Shiba and Super Floki. As per CoinMarketCap’s price index, all of them remain outside the list of the top 2,000 most valuable cryptocurrencies, despite the massive price hikes. 

The Musk influence on crypto markets continues to be visible as earlier too, he helped push Dogecoin to record heights earlier this year when he appeared on Saturday Night Live.