- Elon Musk has made several tweets with a dog sitting in the CEO’s seat.
- There is growing concern throughout the cryptocurrency community that Twitter will add cryptocurrencies.
- Following the tweet, all dog-themed tokens are on the rise.
Most of the meme coins have skyrocketed after Twitter CEO Elon Musk tweeted a picture of his dog posing as Twitter’s CEO.
Twitter’s new CEO is amazing pic.twitter.com/yBqWFUDIQH
— Elon Musk (@elonmusk) February 15, 2023
Musk had nothing to do with cryptocurrencies, but the crypto community read this tweet to imply that Twitter could include cryptocurrency payments, most likely Dogecoin (DOGE).
Today’s Memecoin price rally comes on the back of a sharp decline over the past few days.
Floki up 40%
At the time of writing, the price of FLOKI was trading at $0.00003107, up 40.32%. Memecoin is one of the top Memecoin earners, second only to Dogscoin (DOGS) token which earned 40.67%.
FLOKI price chart. sauce: coin market capitalization
Floki is probably the best meme coin earner since Elon Musk’s Shiba Inu was called “Floki”.
Dogecoin 6% up
Dogecoin and Shiba Inu are probably the biggest beneficiaries of Musk’s tweets, as they have been in free fall over the past few days.
DOGE price was up 6.03% over the past 24 hours, while it is down 5.8% over the past 7 days.Shiba Inu (INU) price was down 8.81% over the last 7 days and is up 4.41% today. .
In general, almost all dog meme tokens are on the rise today. However, it’s not clear how long Elon’s tweet excitement will last.