{"id":49303,"date":"2021-09-13T10:40:16","date_gmt":"2021-09-13T07:40:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49303"},"modified":"2025-09-02T12:03:15","modified_gmt":"2025-09-02T09:03:15","slug":"shiba-floki-token-jumps-about-1300-after-elon-musks-latest-tweet","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/shiba-floki-token-jumps-about-1300-after-elon-musks-latest-tweet\/","title":{"rendered":"Shiba Floki token jumps about 1,300% after Elon Musk&#8217;s latest tweet"},"content":{"rendered":"<p>Elon Musk bragged about his Shiba Inu puppy named Floki, triggering a rally in several meme tokens.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Floki has arrived <a href=\"https:\/\/t.co\/2MiUKb91FT\">pic.twitter.com\/2MiUKb91FT<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1437179881260032016?ref_src=twsrc%5Etfw\">September 12, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Within three hours of the tweet, the price of the Shiba Floki token surged by 1309%, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/shiba-floki\">CoinGecko<\/a>. The Floki Inu coin was up 139%.<\/p>\n<p>The price of the meme cryptocurrency Dogecoin (DOGE) initially rose by 5%, but later collapsed below its pre-tweet levels.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-13-v-10.06.32-1024x640.png\" alt=\"\u0422\u043e\u043a\u0435\u043d Shiba Floki \u043f\u043e\u0434\u043e\u0440\u043e\u0436\u0430\u043b \u043d\u0430 1300% \u043d\u0430 \u0444\u043e\u043d\u0435 \u043d\u043e\u0432\u043e\u0433\u043e \u0442\u0432\u0438\u0442\u0430 \u0418\u043b\u043e\u043d\u0430 \u041c\u0430\u0441\u043a\u0430\" class=\"wp-image-149052\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-13-v-10.06.32-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-13-v-10.06.32-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-13-v-10.06.32-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-13-v-10.06.32-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-13-v-10.06.32-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly chart of DOGE\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/DOGEUSD\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Elon Musk <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-backs-dogecoin-developers-proposal-to-cut-fees\">told<\/a> on June 25 that he planned to name his Shiba Inu dog Floki. At that time, the price of another meme token\u2014Shiba Inu\u2014rose by 17%.<\/p>\n<p>In May, Shiba Inu <a href=\"https:\/\/u1f987.com\/en\/news\/shiba-inu-jumps-140-in-24-hours-to-a-new-high\">surged 140% in a day<\/a> and hit a new high \u2014 briefly reaching $0,000033. The rise in the price of the Dogecoin clone was aided by its listing on Binance.<\/p>\n<p>The largest holder of Shiba Inu <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-emerges-as-the-largest-holder-of-shiba-inu\">turned out to be Vitalik Buterin<\/a>. As of May, his public wallet held 505 trillion SHIB \u2014 more than 50% of the planned quadrillion coins.<\/p>\n<p>Later <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-burns-90-of-his-shiba-inu-tokens\">Buterin sent 90%<\/a> of the remaining tokens (410 trillion SHIB) to an inaccessible address. The remaining 10% he pledged to donate to charity.<\/p>\n<p>As reported, CoinSwap founder Eric Nurm warned that Elon Musk&#8217;s ability to influence the crypto market with his tweets <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-elon-musks-tweets-are-dangerous-for-investors-but-beneficial-for-the-industry\">poses a danger to retail investors<\/a>.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 crypto news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk bragged about his Shiba Inu puppy named Floki, triggering a rally in several meme tokens.<\/p>\n","protected":false},"author":1,"featured_media":49304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1217,1328],"class_list":["post-49303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-elon-musk","tag-floki-inu"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49303"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49303\/revisions"}],"predecessor-version":[{"id":49305,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49303\/revisions\/49305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49304"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}