Wednesday, December 1, 2021

As Elon Musk Tweets About Dogecoin, Is The Rally In ‘Floki’ Coins Over? – Dogecoin – United States Dollar ($DOGE)

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk’s recent tweets about Dogecoin (CRYPTO: DOGE) may have helped boost the meme cryptocurrency’s price but Dogecoin knockoffs named after Musk’s pet dog Floki have fallen after recent strong gains.

What Happened: Flokinomics (CRYPTO: FLOKIN), which calls itself the “best rebase token known to man,” fell 25% over the last 24 hours to $0.0001439 at press time.

The new token, which is just over a week old, also lost 26.1% against apex cryptocurrency Bitcoin and tumbled 28.5% against Ethereum during the 24-hour period.

PrinceFloki (CRYPTO: PrinceFloki), a rebase token with DOGE rewards, has fallen 22.5% over the 24-hour period to $0.000000000317.

Floki Inu (CRYPTO: FLOKI), which calls itself “the third biggest meme coin” after Dogecoin and Shiba Inu, has lost 6.9% during the last 24 hours to $0.00007108.

See Also: How To Buy Floki Inu (FLOKI)

Meanwhile, Baby Floki Coin (CRYPTO: BABYFLOKICOIN) is a notable exception, with the altcoin up 53.9% over the 24-hour period to $0.000000005053.

For comparison, Dogecoin is down 1.1% during the last 24 hours, trading at $0.2338 at press time.

Why It Matters: Dogecoin surged on Thursday after Musk sent out some tweets related to the Shiba Inu-themed coin, including approving Dogecoin co-creator Billy Markus’ call for DOGE nodes to be upgraded.

Dogecoin adoption has surged this year and the meme cryptocurrency can now be spent at 1704 merchants, it was reported in September, citing CryptWerk data.

The cryptocurrency’s year-to-date gains are an impressive 4004.5%.

Read Next: Ethereum Strikes Gains Against Bitcoin, Dogecoin But Apex Coin Whales Seem To Be Prepping For Long-Term Hodling

Source

Related Articles

Are Water Plumes Spraying From Jupiter’s Moon Europa? NASA’s Europa Clipper Spacecraft Is on the Case

On the left is a view of Europa taken on March 2, 1979, by the Voyager 1 spacecraft. Next is a color image of...

The Apple Watch Series 6 is still available for $100 off at Best Buy

Cyber Monday may be over, but Cyber Week continues. If at any point this past weekend you missed out on an Apple...

Venture Capital Funding for Crypto Companies Is Surging

Venture capitalists have bet big on crypto start-ups in 2021, investing more than $27 billion globally as of late November, more than the previous...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest Articles

Are Water Plumes Spraying From Jupiter’s Moon Europa? NASA’s Europa Clipper Spacecraft Is on the Case

On the left is a view of Europa taken on March 2, 1979, by the Voyager 1 spacecraft. Next is a color image of...

The Apple Watch Series 6 is still available for $100 off at Best Buy

Cyber Monday may be over, but Cyber Week continues. If at any point this past weekend you missed out on an Apple...

Venture Capital Funding for Crypto Companies Is Surging

Venture capitalists have bet big on crypto start-ups in 2021, investing more than $27 billion globally as of late November, more than the previous...

AirPods 3 just crashed to an all time low price in this Amazon Cyber Week deal

Cyber Monday deals have now transitioned into Cyber Week sales, which means there's still plenty of savings on great headphones, especially when it comes...

New Zealand backs killer robot ban as U.S., Russia downplay weapons risks

Lethal autonomous weapons systems, also called “killer robots,” can identify, target and kill without human input, according to the Future of Life Institute. They...