Only In Crypto: Picture Of Elon Musk’s Pet Shiba Inu Sends Dog-Themed Coins S...
Elon Musk is no stranger to his tweets pushing dog-themed coins to surge. Coins modeled after the OG dog-themed coin Dogecoin has flooded the market this year. Some doing well enough, others doing not so well. Amid this, the community has always looked to “Dogefather” Elon Musk when it comes to investing in these tokens. […]
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The CEO of Tesla, Elon Musk shared a picture of a Shiba Inu pup and said “Floki has arrived” to his 59.8 million Twitter followers. Of course, the tweet affected the price of a few specific meme-based crypto assets that leverage the “Floki” name.
Shiba Floki Token Soars After Elon Tweets an Image of His New Pup
Elon Musk has been a fan of dogecoin (DOGE) for a while now and on a few occasions, the CEO of the electric car manufacturer Tesla has tweeted a reference to other meme-based canine coins in the past. Musk referenced “baby doge”....
Self-proclaimed “Dogecoin Killer” Shiba Inu has had an impressive couple of days in the market. The meme coin which had been struggling the past couple of months got some much-needed boost after Dogefather Elon Musk posted another picture of his pet Shiba Inu. Floki, Musk’s pet dog, has rocked the market before when the billionaire […]
SHIB’s 400% rally brings attention back to dog-themed meme tokens and it could be a sign that DOGE is on the verge of an equal-sized breakout. Meme coins were some of the earliest breakout stars at the start of this year's bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke a surge in the price of Dogecoin (DOGE). The success of DOGE eventually spawned th massive litter of dog-themed offshoots that now populate the meme coin pack. This week the pack is once again on the run after Shiba Inu (SHIB) saw a triple-digit breakout and DOGE looks ready to move higher.....
The price of the Shiba Inu token rose 300% in the hours following Musk’s tweet. Though the price of Dogecoin (DOGE) surged over the weekend to surpass $0.06 again, this time another token based on a cuddly canine benefited from the hype around Elon Musk’s social media posts.In a Saturday night tweet, the Tesla CEO said he would be getting a Shiba Inu dog for his household. The dog — whose breed is native to Japan — was at the center of the popular meme on which Dogecoin was based in 2013. The meme features the dog looking into the camera with a seemingly confused expression as floating....
SHIB quickly crashed 20% as Tesla CEO and dog-token proselytizer Elon Musk announced he owns none of the canine-themed coins. Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20, suffered a 20% retracement in two hours as Tesla founder and hypothetical Doge CEO Elon Musk announced to Twitter that he doesn't hold any Shiba Inu tokens.The retracement came after SHIB surged past its previous all-time high to tag a local top of $0.000044 on Oct. 24 following a more than 500% rally since the start of October.Amid the token’s bullish price action, Twitter user “ShibaInuHodler” asked....