• Elon Musk recently uploaded a photo of his pet dressed as the new CEO of Twitter, prompting a surge in meme-inspired cryptocurrencies like FLOKI, DOGE, and SHIB.
• FLOKI rose 41% after the tweet while DOGE and SHIB increased by 6% and 5%, respectively.
• Musk previously promised to appoint someone “foolish enough” to be the new Twitter CEO.
Musk Tweets Photo of Dog as New Twitter CEO
Tesla CEO Elon Musk recently uploaded an amusing tweet featuring a photo of his beloved pet dog dressed as the new Chief Executive Officer of Twitter. This prompted a surge in meme-inspired cryptocurrencies such as FLOKI, DOGE, and SHIB.
FLOKI Soars Over 40% After Joke
The popular meme-inspired cryptocurrency – FLOKI – spiked around 41% after Elon Musk posted the image of his dog dressed as the new Chief Executive Officer of Twitter. Other memecoins, including DOGE and SHIB, also headed north albeit in a more modest fashion with gains of 6% and 5%, respectively.
Musk’s Previous Promise for New Twitter CEO
Keeping in mind that the Shiba Inu breed is named Floki, it is no wonder why the price of its respective digital asset skyrocketed following Musk’s joke. Prior to this event, he had vowed to appoint somebody “foolish enough” to be the new leader of Twitter.
Crypto Community Quickly Reacts
The crypto community was quick to react positively towards Musk’s humorous tweet about appointing his pet as CEO for Twitter. They suggested that it would indeed be foolish yet entertaining enough for him or her (or rather ‚it‘) to take on this role.
Conclusion
It remains unclear if Musk will actually follow through with his promise; however it’s safe to say that he has certainly gained some attention from this lighthearted joke surrounding memecoins such as FLOKI and Dogecoin (DOGE).