![]() The token, another Shiba Inu-themed cryptocurrency, was created in 2021, shortly after Musk posted a picture of his new Shiba Inu puppy with the caption " Floki has arrived." By then, Musk had cemented his association with the Japanese dog breed, after touting Dogecoin and Shiba Inu to his Twitter followers. On Monday, Twitter’s blue bird icon disappeared from the top of its website and was replaced by the head of an enigmatic-looking shiba inu dog. Twitters traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is being sued over. The jump in prices comes as Floki holders approved a proposal to burn 4.97 trillion, or $55 million of the tokens, to remove them from circulation, a tactic that can be used to boost a coin's price. As I’ve said before, don’t bet the farm on crypto True value is building products & providing services to your fellow human beings, not money in any form. Over the weekend, Elon Musk unveiled a new Twitter logo, 'X,' as part of the platforms revamping, which is now reflected on the site. ę4 1,028 Elon Musk elonmusk Out of curiosity, I acquired some ascii hash strings called Bitcoin, Ethereum & Doge. Shiba Inu Price Falls From Record After Elon Musk Tweets He Has None - Bloomberg Technology Cryptocurrencies Shiba Inu Falls From Record After Musk Reveals His Crypto Buys Musk. Floki has also handily beaten gains seen in mainstream crypto tokens like bitcoin and ethereum, which have gained 39% and 31% respectively since the start of the year. Tesla CEO and Twitter owner Elon Musk has made a rather surprising and unexpected Shiba Inu mention in a recent reply to a Twitter user who reacted to the latest Twitter rebranding. The Tesla chief took over the microblogging platform after buying it for 44 billion in October last year. Elon Musk said that his dog has replaced him as Twitter CEO. Elon Musk temporarily replaced Twitters blue bird logo with Dogecoins Shiba Inu dog logo for a few reasons: As a joke - Musk has a well-known sense of. The SpaceX founder recently replaced Twitter's blue bird logo with the icon of cryptocurrency Dogecoin - a Shiba Inu like Floki. That's the biggest surge among the crypto market's top meme coins, surpassing gains posted by dogecoin, which rose 32%, and Shiba Inu, which rose 45% in January, according to data from CoinMarketCap. Shibburn, the official Twitter handle of the team that monitors Shiba Inu burn transactions, has reached out to Twitter CEO Elon Musk and raised major concerns about the platform. Musk's dog is a Shiba Inu and is named Floki. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users.A meme crypto token named after Elon Musk's dog has soared 200% since the start of the year, beating the gains on other Musk favorites like like dogecoin and Shiba Inu.įloki climbed to $0.00024 as of 10:00 am ET, up 199% from its price at the start of the year at $0.000008. ![]() The views and opinions expressed in this article are the author’s own and do not necessarily reflect those of CoinMarketCap. ![]() This article is not intended as, and shall not be construed as, financial advice. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. ![]() This article is intended to be used and must be used for informational purposes only. Dogecoin and shiba inu soared ahead of the news that Elon Musk may finalise his purchase of Twitter on Friday, which is the deadline for the completion of the 44bn (37.9bn) acquisition of the. After his tweet, which was referring to a dog, the Shiba Inu (SHIB) token rose 107.3 in 24 hours, according to data released by Livecoins website. Musk’s tweet did not make it clear whether the billionaire was referring to the purchase of DOGE, SHIB or a new dog. Shiba Inu SHIB/USD also posted gains of 1.51 that can be attributed to Musk’s tweet. Shiba Inu’s token (SHIB) values more than 150 in 24 hours. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. On Wednesday night, DOGE was down 3, trading at 0.082, until a tweet from Musk made the price spike to 0.087. The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”).
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