{"id":349153,"date":"2021-10-06T18:28:33","date_gmt":"2021-10-06T15:28:33","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cryptocurrency-named-after-elon-musks-dog-surges-2400-percent\/"},"modified":"2021-10-06T18:28:33","modified_gmt":"2021-10-06T15:28:33","slug":"cryptocurrency-named-after-elon-musks-dog-surges-2400-percent","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cryptocurrency-named-after-elon-musks-dog-surges-2400-percent\/","title":{"rendered":"#Cryptocurrency named after Elon Musk&#8217;s dog surges 2,400 percent"},"content":{"rendered":"<p>&#8220;<strong>#Cryptocurrency named after Elon Musk&#8217;s dog surges 2,400 percent<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Fans of Elon Musk made a cryptocurrency named after his dog \u2014 and it\u2019s up 2,400 percent.\u00a0<\/p>\n<p>Flokinomics, a dogecoin knockoff that started trading on Sunday, was going for $0.000002254 early Wednesday, according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/flokinomics\/\">CoinMarketCap data<\/a>. While that might not sound like a lot, it\u2019s a 2,400 percent increase in value over the previous 24 hours.<\/p>\n<p>\u201cWE $FLOKIN DID IT,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FlokinomicsCoin\/status\/1445559306917605379\">declared<\/a> a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> account for the cryptocurrency.\u00a0<\/p>\n<p>Flokinomics is named after Elon Musk\u2019s dog, Floki.\u00a0<\/p>\n<p>Floki is a Shiba Inu \u2014 the same kind of dog that serves as the mascot for dogecoin, the \u201cmeme\u201d cryptocurrency that Elon Musk famously promoted earlier this year.\u00a0<\/p>\n<p>Amid hype from Musk, dogecoin surged from $0.06 at the beginning of April to a peak of $0.74 in May. The coin then plummeted after Musk joked about it on Saturday Night Live and is now trading at about $0.26.\u00a0<\/p>\n<div class=\"wp-block-image is-style-default\">\n<figure class=\"alignright size-nypost-medium-post\"><img decoding=\"async\" loading=\"lazy\" width=\"322\" height=\"429\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-02.jpeg?quality=90&amp;strip=all&amp;w=322\" alt=\"Elon Musk's dog\" class=\"wp-image-19713395\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-02.jpeg?quality=90&amp;strip=all&amp;w=644 644w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-02.jpeg?quality=90&amp;strip=all&amp;w=483 483w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-02.jpeg?quality=90&amp;strip=all&amp;w=322 322w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-02.jpeg?quality=90&amp;strip=all&amp;w=161 161w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-02.jpeg?quality=90&amp;strip=all 1024w\" sizes=\"auto, (max-width: 322px) 100vw, 322px\"\/><figcaption>The coin is named after Elon Musk\u2019s dog, Floki.<\/figcaption><figcaption><span class=\"credit\">Elon Musk Twitter<\/span><\/figcaption><\/figure>\n<\/div>\n<p>The Tesla CEO has also promoted another Shiba Inu-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a>d coin, Baby Doge. In July, Musk tweeted about the coin and its price more than doubled.\u00a0<\/p>\n<p>Musk has not spoken publicly about Flokinomics \u2014 but that\u2019s not stopping creators and fans of the cryptocurrency from angling for a shoutout from the mogul, which would inevitably send its price soaring. <\/p>\n<p>\u201cNamed after elons dog so one tweet from elon and we will moon so damn hard!!!\u201d wrote one user on the Flokinomics Reddit forum. <\/p>\n<p>\u201cAwesome\u2026 Making a ton off this!!\u201d wrote another.<\/p>\n<p>Critics say that Musk\u2019s habit of arbitrarily sending cryptocurrencies flying presents a risk to investors.\n                        <\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/10\/06\/cryptocurrency-named-after-elon-musks-dog-surges-2400-percent\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Cryptocurrency named after Elon Musk&#8217;s dog surges 2,400 percent&#8221; Fans of Elon Musk made a cryptocurrency named after his dog \u2014 and it\u2019s up 2,400 percent.\u00a0 Flokinomics, a dogecoin knockoff that started trading on Sunday, was going for $0.000002254 early Wednesday, according to CoinMarketCap data. While that might not sound like a lot, it\u2019s a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":349154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/flokinomics-musk-hp.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[117106,39394],"class_list":["post-349153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-6-21","tag-elon-musk"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/349153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=349153"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/349153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/349154"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=349153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=349153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=349153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}