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Musk's dog repair has triggered a virtual coin carnival

Musk's dog repair has triggered a virtual coin carnival

Americans across the ocean have just finished Christmas, and the festival of the virtual currency world has not yet passed.

It was all thanks to a puppy named Floki, who, on Christmas Day, wore a festive red Christmas costume and sat in front of the fireplace to take a photo, which was quite eye-catching and had a gold coin hanging from its neck. The photo, which was posted on Twitter, was supposed to be just another happy memory of the holiday, but floki's owner was none other than Elon Musk, the person of the year selected by Time magazine.

The cute photo of the dog has thus become another carnival of speculators.

This time, riding musk's Dogecoin wind, is a virtual coin called "Santa Floki". Musk posted a photo of Floki at 14:45 Beijing time with the words "Floki Santa", santa, which is the word "Santa Claus" in English. To put it bluntly, Musk just sent a photo of his puppy Floki, saying that he was Santa Claus Floki.

As a result, a name and "Floki Santa" are exactly the same, but the order of the "Santa Floki (HOHOHO)" whizzed to the moon. The coin was worth $0.0000000129, and just two hours later, the price of Santa Floki soared 20 times.

At 1:00 p.m. Beijing time on December 27, the latest data from the Alphabet List found that the price of Santa Floki peaked at $0.000002413, up about 240 times from the initial value. In addition, according to the meme coin data included in the data website Coingecko, as of November 3, the 24-hour trading volume of another virtual currency, FLOKI, exceeded $69.38 million, ranking among the top five in terms of plate trading volume.

In addition, alphabet found that Santa Floki's Twitter account was only registered in November this year, and it squatted early to wait for this moment.

Standing by Musk's Twitter and waiting for the next virtual coin carnival has become a daily routine for many "Dogecoin believers", some people said in the comments section that they had bought Santa Floki, and some people regretted buying FLOKI instead of Santa Floki.

Musk's dog repair has triggered a virtual coin carnival

The various altcoins are silly and unclear

However, this Dogecoin is not the other Dogecoin, the genuine "Dogecoin" has made many speculators lose their money, from a surge of 130 times to a plunge of 40% in one year, and Dogecoin, ShiB has not reproduced the previous rally for a long time, the enthusiasm of speculators dissipated, Musk's tweet at this time, equivalent to throwing a stone to the long-dull coin circle, let many people think of it.

A

When Dogecoin and Shiba Inu became hot virtual currencies, Musk has begun to make a new start.

In May, Musk tweeted that "I'm looking for a Shiba Inu." On June 28, Musk officially announced that his Shiba Inu would be named Floki, and for a while, the market gushed out a series of Floki copycat currencies of the same name, and countless speculators rushed to hear it.

Who would have thought that Musk's Floki was a real Shiba Inu. Three months later, Musk tweeted a photo of Shiba Inu asleep and declared that "Floki has arrived."

Musk's dog repair has triggered a virtual coin carnival

Regardless of whether there is subjective intention to bring coins to heaven, Musk is an objectively existing "master of goods".

CoinGecko data shows that after Elon Musk posted this Photo of Floki on Twitter, the price of FLOKI (Floki Inu) rose rapidly, now at $0.000033, a 24-hour increase of 91.4%; the price of another Shiba Floki (Shiba" also rose 1406.37% in 24 hours to $0.000000008379.

FLOKI (Floki Inu) has been around Musk since its inception, and in the current reports on FLOKI, this coin also has a partnership with Musk's brother's Million Ecological Garden Charity Fund, and has donated a total of $1.4 million so far.

It is said that FLOKI plans to create an NFT game with the theme of Musk's hometown, including game parts such as battle and breeding, and can also experience the health food NFT of the Million Manor Project.

Musk's dog repair has triggered a virtual coin carnival

It is reported that FLOKI has cooperated with the world-renowned cryptocurrency mall CryptoCart, and since mid-September, Floki tokens have been able to purchase real products, such as products and services of more than 1,700 international brands such as Apple, Starbucks, Nike, Adidas, Airbnb International Homestay, etc.

Many people have not heard of FLOKI, this coin that has just been established for a few months, on the popularity, market value are far from Dogecoin, Shiba Inu coin, etc., but it does not prevent this coin from being marketed with great fanfare:

On the London Underground appeared "Missed Dogecoin? Buy FLOATKI" slogan, since then, FLOKI has appeared in the Nasdaq building next to the Times Square in New York for many consecutive months, the body advertisement for 25 buses in Los Angeles and 3 outdoor super large screens, all of which have floki figures.

Musk's dog repair has triggered a virtual coin carnival

Coin circle media Lunarcrush has repeatedly praised the FLOKI community and listed FLOKI as one of the top ten current hot currencies along with ETH, ADA, Matic, and Dogecoin.

However, some people are not optimistic, Dogecoin co-founder Billy Marcus in lashing out at a KOL, suggesting that FLOKI has Ponzi characteristics, bluntly saying that ads such as "like it will make you rich" are hypocritical.

B

It is difficult to say how long floki can hold firm, after all, Musk's attitude towards virtual coins is always cloudy.

In just a few months this year, Musk staged a "big change of face" in the currency circle, and the price of the virtual coins he cueed was also like a roller coaster, and hundreds of thousands of speculators burst their positions, and the speculation was lost.

In January, Tesla disclosed in its annual report to the SEC that the company had bought $1.5 billion worth of bitcoin; in March, Tesla announced that it would begin accepting bitcoin from U.S. users to buy its cars.

But in May, Musk abruptly announced that Tesla had suspended the use of bitcoin to pay for car purchases, and musk explained the decision, "worried that bitcoin mining and trading will lead to a rapid increase in the consumption of fossil fuels, especially coal, which is the worst impact of all fossil fuel emissions." ”

Affected by this news, bitcoin plunged more than $3,000 in just about 40 minutes on the day, falling as low as $51,600, a drop of nearly 6%. The day after Tesla canceled Bitcoin. Bitcoin immediately plummeted, falling from a price close to $60,000 to $45,500 at one point and then back to around $50,000.

Musk is also a big fan of Dogecoin, and Dogecoin's stock price has been affected by its remarks. In January, Musk tweeted an image of a fictional Dogue magazine, and the price of Dogecoin soared 800% in 24 hours.

Musk's dog repair has triggered a virtual coin carnival

However, on May 8 this year, Musk hosted the well-known American variety show SNL, joking with the host that Dogecoin is a "scam", the price of Dogecoin plummeted by 30%, a few hours later, Musk announced that his commercial rocket company SpaceX will accept Dogecoin payments, and in May 11, Musk also launched a "whether to accept Tesla dogecoin" vote on Twitter.

Recently, Musk has revived Dogecoin. On Dec. 14, he tweeted: "Tesla will offer Dogecoin some items that can be purchased and see how it goes." As soon as the news came out, the price of Dogecoin soared by more than 20%.

For Musk's series of tumultuous operations in the currency circle, people in the industry have seen no surprise, City Index's senior financial market analysts have said, "Musk's remarks have led to trading volatility in the virtual currency field, this is not the first time, and it will not be the last." ”

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