Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The Floki token rate jumped by 46%


February, 15 2023
watermark Economic news

The Floki token (FLOKI) exchange rate increased by 46% after the head of Tesla and SpaceX, Elon Musk, published photos of his Shiba Inu dog named Floki. 


On February 15, the billionaire posted a photo of his pet on the social network and called him the new CEO of Twitter, noting that Floki is well versed in numbers. «The new CEO of Twitter is amazing,» the billionaire wrote.


As a result, Floki – the management token in the ecosystem of the same name, which includes the gaming metaverse, the NFT marketplace, the FlokiFi DeFi project and the educational crypto platform – has sharply jumped in price. 


Other meme «dog» cryptocurrencies also reacted with a slight increase. Dogecoin has risen in price by 6% over the past day, Shiba Inu – by 4.5%.


Elon Musk announced that he will name his puppy Shiba inu Floki on June 25, 2021. Then the billionaire's tweet caused the Shiba Inu cryptocurrency quotes to rise by 9%. In December of the same year, after the billionaire published a photo of Floki, the value of the Santa Floki token increased by 4000%, but since then it has fallen to zero values.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.