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Popular meme coin Floki Inu (FLOKI) has soared in price after it was listed by major crypto exchange Kucoin. However, it seems that another factor has had a bigger Floki Inu, a popular meme cryptocurrency, zoomed 45 per cent on Wednesday. The crypto was trading at $0. at 8:45 AM and shot up to $0. at Elon Musk has a new fluffy friend with the power to move markets. Here's why. A Flash in the Pan? Back in March, in the throes of Dogecoin mania, Elon Musk declared on Twitter: “I’m The three leading meme coinsDogecoin, Shiba Inu, and Floki Inurallied higher following Elon Musk’s meme declaring his dog, Floki, the new CEO of Twitter. FLOKI managed to bag a prominent listing. Since the meme coin is fairly new to the market, it hasn’t been listed on a lot of prominent exchanges. However today, the Floki and Dogecoin have gained significant bullish momentum today following Elon Musk’s latest tweet. Musk tweeted a picture of his Shiba Inu dog “Floki” Floki Inu, a popular meme cryptocurrency, surged 45% following a tweet posted by Elon Musk, CEO of Tesla, Twitter, and SpaceX, on Wednesday. Related Reading: The story behind Floki Inu is full of twists and turns but ultimately the moon mission will be triumphant! It all started when Elon Musk AKA DogeFather tweeted “My Shiba In a recent interview on Twitter Spaces, Tesla and SpaceX CEO and Twitter owner Elon Musk brought up his Shiba Inu breed dog, Floki, jokingly stating that the canine

Floki Inu Soars 37% After Elon Musk Tweet & KuCoin Listing: What\'s Next for the Meme Coin?

Popular meme coin Floki Inu (FLOKI) is experiencing a surge, jumping 37% in value and bagging a coveted listing on major crypto exchange KuCoin. Is this a flash in the pan fueled by hype, or is there real potential behind this canine-inspired cryptocurrency?

The Elon Musk Effect: Floki Inu\'s Price Surge

Like other meme coins before it, Floki Inu\'s price action is heavily influenced by Elon Musk. Following a recent tweet featuring his Shiba Inu dog, also named "Floki," FLOKI experienced a significant spike. Some reports indicate a surge as high as 45% following Musk\'s tweet. Musk joked about Floki being the new CEO of Twitter, further amplifying the effect. This shows the power of Musk\'s influence on the meme coin market, echoing past instances of Dogecoin mania when he declared, "I\'m..." well, we all remember.

KuCoin Listing: A Game Changer?

While Elon Musk\'s tweet undoubtedly played a role, the listing of Floki Inu on KuCoin is another significant factor contributing to the price increase. The exchange listing provides greater accessibility and liquidity for FLOKI, opening it up to a wider range of investors. The listing on KuCoin is particularly important because, as a relatively new meme coin, Floki Inu hasn’t been listed on a lot of prominent exchanges until now.

Floki Inu vs. Other Meme Coins: Dogecoin and Shiba Inu

Floki Inu is often compared to other leading meme coins like Dogecoin and Shiba Inu. These three rallied higher following Elon Musk’s dog tweet. While all three share the characteristic of being community-driven and meme-based, they each have their own unique narrative. Floki Inu aims to differentiate itself by building a Metaverse game, an NFT marketplace, and an education platform.

Is Floki Inu a Good Investment?

Investing in meme coins is inherently risky. Prices are highly volatile and susceptible to rapid pumps and dumps. The story behind Floki Inu is full of twists and turns, but potential investors should conduct thorough research and consider their own risk tolerance before investing. Remember to DYOR (Do Your Own Research) before making any investment decisions.

What\'s Next for Floki Inu?

With the KuCoin listing and continued support from the community (and perhaps Elon Musk), Floki Inu’s moon mission may not be over. However, the long-term viability of Floki Inu, like all meme coins, depends on continued development and adoption. Keep an eye on further exchange listings, development updates, and, of course, Elon Musk\'s Twitter feed.

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