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Twitter and Tesla CEO Elon Musk on Wednesday tweeted an image of his canine “Floki” with the caption “new CEO of Twitter is amazing.”

Elon Musk meme declaring Floki as the brand new CEO of Twitter sends Dogecoin, Floki Inu, and Shiba Inu costs to rally greater. He additionally mentioned he’s even a lot better than that different man, nice with numbers, and has type.

Several crypto influencers reacted to Elon Musk’s tweet together with Dogecoin creator Shibetoshi Nakamoto, Matt Wallace, Shiba Inu lead developer Shytoshi Kusama, David Gokhshtein, and others.

The new CEO of Twitter is wonderful pic.twitter.com/yBqWFUDIQH

— Elon Musk (@elonmusk) February 15, 2023

Floki Inu (FLOKI) worth skyrocketed over 45% after Elon Musk Tweet, with the present worth buying and selling at $0.00002974. The FLOKI worth jumped from a low of $0.00002092 to a excessive of $0.00003278 in the previous few hours. The buying and selling quantity on FLOKI pumps almost 250% within the final 24 hours.

Meanwhile, Elon Musk’s favourite meme coin Dogecoin (DOGE) worth soared over 5% in simply an hour. The DOGE worth is presently buying and selling at $0.08599. The 24-hour high and low are $0.08127 and $0.087, respectively.

Other meme cash similar to Shiba Inu (SHIB) and BONE costs additionally rallied by 4% and eight%, respectively. Shiba Inu’s lead developer Shytoshi Kusama on Tuesday revealed that the Layer-2 blockchain Shibarium is prepared and can be launched quickly. Also, he has confirmed that Shibarium is coming earlier than May this 12 months.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency business for a considerable interval and is presently masking all the most recent updates and developments within the crypto business.

The introduced content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.