Elon Musk's Tweet Sparks 25% Jump in Meme Coin FLOKI's Value
Elon Musk's recent tweet featuring his pet Floki triggers a remarkable price surge of 25% for the meme coin FLOKI, raising its market cap above $800 million.
The world’s richest individual, Elon Musk, has a considerable impact on the cryptocurrency market, with his posts frequently triggering substantial price swings. Recently, he shared an AI-crafted video on X (formerly Twitter), showcasing his dog, Floki, as the CEO of the platform. The clip portrays the dog adorned in formal attire at a desk teeming with paperwork.
Flōki is back on the job as 𝕏 CEO!
— Elon Musk October 20, 2025
After Musk’s tweet, the meme coin FLOKI surged by 25%, marking a ten-day record high. Nonetheless, it continues to hover outside the top 100 cryptocurrencies, currently sitting at the 130th position with a market cap estimated at around $800 million.
FLOKI Price
Source: CoinGecko
This isn’t the first instance FLOKI has recorded a spike post a tweet by Musk. During the holiday season of 2021, Musk posted a picture of his dog in a Santa outfit, sparking an astonishing increase of nearly 20,000% in FLOKI’s price within 48 hours.
In February 2023, Musk humorously suggested his dog as a fitting candidate for a new CEO of X, further heightening his influence over the coin’s valuation.
Needless to say, FLOKI’s market value soared by double digits shortly after the tweet.
