Elon Musk's social media activity on October 20, 2025, triggered a substantial rise in FLOKI's price, impacting crypto markets.
This event highlights the influential role of public figures in crypto markets, as investor enthusiasm surged alongside FLOKI's price and trading volumes.
Elon Musk's Tweet Boosts FLOKI by 27%
Elon Musk’s tweet on October 20, 2025, referencing "Floki as X CEO" led to a substantial 27% price rise in FLOKI. The meme coin neared its psychological $0.00009 resistance amid heightened trading activity.
Traditionally known for affecting meme coins, Elon Musk’s comments often result in short-lived price spikes. FLOKI’s team capitalized on this by resharing Musk’s post, intensifying community engagement and speculative trade volumes.
Trading Volume Surges 627% After Musk's Mention
The tweet catalyzed a 627% increase in trading volume, highlighting significant speculative interest. FLOKI's sharp price movement contrasts with Bitcoin's downward trend, showcasing differing investor sentiment across assets.
Despite no major regulatory changes, FLOKI's recent emergence as a European ETP on Sweden’s exchange facilitates institutional access, indicating structural shifts within meme coin investments.
Historical Parallels: FLOKI Follows DOGE Speculation
Past events, notably Musk's DOGE mentions, demonstrate similar speculative surges. Such historical meme coin price movements are characterized by short-term volatility often followed by corrections.
Experts suggest potential for further price action yet caution price may return to mean levels without ongoing catalysts. FLOKI's recent ETP listing enhances long-term prospects but requires sustained interest.
Floki is back on the job as 𝕏 CEO!