Elon Musk boosts Floki Inu after calling Floki the 'CEO of X' in tweets

Elon Musk gave an unexpected boost to the Floki Inu project after a series of tweets calling Floki the “CEO of X”. The token rallied by 27% following a recent market ￰0￱ Musk called Floki “The CEO of X”, briefly reviving the FLOKI ￰1￱ asset rallied by over 27%, rising to a one-week high of $0.000082. For FLOKI , those rallies are not unusual for a low-priced meme ￰2￱ recent rally also erased last week’s ￰3￱ is the CEO — Elon Musk (@elonmusk) October 20, 2025 Later, Musk added an additional AI-generated video of Floki the dog as CEO of ￰4￱ referred to his Shiba Inu dog, adopted in 2021, apparently taking the role of CEO of ￰5￱ dog’s fame coincides with the launch of the Floki Inu project, which attempted to combine meme fame, DeFi, and on-chain ￰6￱ Inu was launched as an answer to Shiba Inu (SHIB), also attempting to tap into the fame of the original ￰7￱ the messages, FLOKI displaced other assets as the top gainer among all coins and ￰8￱ the recent expansion, FLOKI moved ahead of DogWifHat (WIF) and is just behind SPX6900 (SPX).

Meme tokens have recovered up to $64B in total market capitalization, of which DOGE is responsible for close to 50%. Meme tokens remain active, especially when incentivized, but older assets are not as responsive to market ￰9￱ slowed down as altcoin season ended, but occasionally, tokens still show an ability to outperform in the short ￰10￱ Elon Musk losing his crypto influence? The FLOKI 30% rally may look impressive after the past week in the red. However, traders have recalled a period when a comment from Musk would have easily caused a 10X growth during previous market ￰11￱ rallied by over 27%, a relatively tame expansion compared to previous market cycles. |