Elon Musk’s Viral Meme Video Ignites Floki Inu Rally

Floki Inu (FLOKI) has experienced a dramatic surge in price, soaring approximately 30% in the past 24 hours and becoming the top-trending memecoin. This rapid rise is fueled by Elon Musk’s viral video featuring his Shiba Inu, Floki, as CEO. The lighthearted content sparked massive online attention, resulting in a significant increase in trading volume and price levels not seen in two weeks. Analysts attribute this surge to Musk’s previous posts boosting the performance of assets similar to Dogecoin and Shiba Inu. 52%, the Crypto Fear & Greed Index is climbing from 37 to reflect growing investor confidence.