Elon Musk’s Dog, Floki, Takes on Crypto

Wednesday, October 6, 2021 at 6:58pm

The knock off dogecoin named after Elon Musk’s dog started trading on Sunday. Over the past 24 hours it has increased in value by 2,400 percent. Whoever said dogs are a man’s best friend was right! Floki, Musk’s dog, is a Shiba Inu, the same dog which serves as the dogecoin mascot. Not only is a dog themed coin named after his pup, but Baby Doge was promoted by Musk as well. Seems to me the CEO has a type. Critics say that Musk’s habit of sending cryptocurrencies flying presents is a risk to investors.