Crypto

Coin Named After Elon Musk’s Pet Floki Is Up 493% Today, as Dogecoin and Shiba Inu Slump

Coin Named After Elon Musk's Pet Floki Is Up 493% Today, as Dogecoin and Shiba Inu Slump

Even when Dogecoin and Shiba Inu plummeted, several of the Dogecoin and Shiba Inu imitations saw significant gains as of Monday night.

What Took place: 2030 Floki (CRYPTO: 2030FLOKI), named after Tesla Inc. EO Elon Musk’s pet dog Floki has gained 493.8 percent in the last 24 hours and is currently selling at $0.00000005429 at the time of writing. When compared to Bitcoin, the coin has gained 520.1 percent, and 527.49 percent when compared to Ethereum.

Among the other imitation cryptocurrencies, King Shiba (CRYPTO: KINGSHIB) has risen 80.1 percent to $0.03793 in the last 24 hours, and Saint Inu (CRYPTO: SAINT) has risen 63.0 percent to $0.000007855.

On CoinMarketCap, MetaDoge (CRYPTO: METADOGE) is up 32.4 percent in the last 24 hours to $0.00008879, putting it in first place among all cryptocurrencies.

Why It’s Important: 2030 Floki is a Binance Smart Chain (BSC)-based smart AI rebase and reward token that quietly rewards Dogecoin holders.

More individuals are buying the token, according to the coin, which hit an all-time high of $0.00000006972 earlier on Monday.

Saint Inu claims to be working on a charitable cryptocurrency network. The platform’s creators intend to develop a gaming platform that will incorporate P2D (Play to Donate) and P2E (Play to Earn) games.

In the cryptosphere, MetaDoge describes itself as a “memecoin with utility.” Despite the cryptocurrency market is in the red, the coin, which hit an all-time high of $0.00009524 on Monday, stated on Twitter that it had broken a new all-time high.

The Author

Oladotun Olayemi

Dotun is a financial enthusiast who specializes in first-in-class financial content, including crypto, blockchain, market, and business, to educate and inform readers.