Sat, March 2

Elon Musk’s Tweet-Inspired Memecoin Surged over 51%

Floki Inu Takes Second Place in LunarCrush's Ranking, Just Behind Ethereum Altcoin News
  • Memecoin FLOKICEO is listed on LBank Exchange. 
  • PAWSWAP recorded a new all-time high.

While the top cryptocurrencies’ prices declined, community-driven meme crypto FLOKI CEO (FLOKICEO) price jumped over 51% in the last 24 hours. At the time of writing, FLOKICEO traded at $0.00000000003142 with a 24-hour trading volume of 500K and has a market cap of $12 million, as per CoinMarketCap. 

FLOKI CEO (FLOKICEO) Price Chart (Source: CoinMarketCap)

On the 15th of February, Twitter flooded with Elon Musk’s surprise tweet. Which featured his dog ‘Floki’ as the new CEO of Twitter. That sparked an internet frenzy and led other memecoins to perform well. Following Musk’s tweet, FLOKI CEO was owned by vibrant fans and stands as community-driven, based on BEP-20. The memecoin meant to can’t be controlled by anyone. Also, each transaction will be entitled to a 10% tax. In that 7% will go towards rewards for holders and the remaining 3% will go towards marketing.

Leading Exchange to List FLOKI CEO

The world’s largest cryptocurrency exchange Binance listed FLOKI CEO on its trading platform. Further, today the global digital asset trading platform LBank Exchange listed FLOKICEO/USDT trading pair in its trading list. 

Another memecoin, PAWSWAP (PAW), the first advanced DEX on the Shibarium ecosystem outperformed leading cryptos with a significant price surge. Shibarium is Shiba Inu’s upcoming layer-2 blockchain. At the time of writing, PAW traded at $0.00000009447 with a 24-hour trading volume of $86 million. PAW price climbed over 120% in a day and 1500% in a week and more than 3000% in just 14 days. 

Further, other meme tokens such as Shiba Inu (SHIB), Dogecoin (DOGE), and Baby Doge coin (BABYDOGE) also trending with notable price gains and new updates. 

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.