A cryptocurrency named after Elon Musk’s dog multiplied in value this weekend after the world’s richest man posted a photo of his cute canine on Twitter.
Santa Floki coin — named in a Christmas-themed reference to Musk’s Shiba Inu hound, Floki —surged more than 3,000 percent following a tweet from Elon Musk. It was up an additional 500 percent over the past 24 hours,On Dec.
25, Musk posted a photo of his dog wearing a Santa costume with the caption “Floki Santa.” While Musk seems to have just been referencing the fact that his dog was wearing a costume, Santa Floki’s creators pounced on the opportunity to promote their coin.
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