After a tweet by Elon Musk, a new cryptocurrency called Floki Coin has created hype in the investors’ market.
Over the past few months, especially in the month of April and May, the cryptocurrency has experienced a major boom. Most popular coins like Ethereum and Bitcoin have reached a new value by setting the record. In the past month, even the lesser-known coins like Shiba Inu Coins and SafeMoon have also skyrocketed in their price. Even though the market has seen a sudden decline, many of the cryptocurrencies have been experienced significant gains in price.
Recently, one of the new coins has named Floki has been receiving a lot of attention among investors. It’s a meme coin which price has been doubled and skyrocketed after an Elon Musk Tweet. Continue reading this article to know more about Floki Coin and its future.
Floki Coin Price Prediction
On June 25th, 2021, Elon Musk has tweet where he said that he has named their new Shiba Inu Dog as Floki. As per the recent article, within a matter of few seconds, the price of Shiba Inu Coin jumped up by 25%. On the other hand, the new coin has also created a good hype in the market and its price has been jumped by 3500%. This coin has been an unknown meme coin that becomes popular right after the tweet posted by Elon Musk. This coin is called a fringe cryptocurrency, which is only known to a selected few investors and crypto users. While writing this write-up, the value of Floki stands for $0.00000072.
My Shiba Inu will be named Floki
— Elon Musk (@elonmusk) June 25, 2021
How to Buy Floki Coin
This Floki is relatively an unknown meme coin that has jumped up to its value only because of the tweet of Elon Musk. Right this time, this coin is not available in any of the exchanges. However, people who wish to buy Floki coins can try the exchange platform – Uniswap. However, please be noted that after Elon Musk’s tweet on Floki Coin, many fake coins have been created and circulated in the digital world. So, it’s advisable for investors to do proper research before they start investing their money in this new unknown meme coin.
The Future of Floki Coins
This coin has been trended only after the tweet of Elon Musk and the price of this coin increased rapidly. In just a few hours, the price jumped more than 25% and many investors started flocking next to this meme coin.
In the future, we can expect that this coin will get full support from Elon Musk and other famous business people. And so, it will give a good return on investments.
When it comes to the question, “Is investing in the Floki Coin is the right decision?” – As this coin is an unknown meme coin, investors need to be more careful while investing in this crypto. But on the other hand, we can say that this crypto may see a rise in the future.
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