Meme Coin Named After Elon Musk's Shiba Inu Surges 7% Amid Tumbling DOG-Meme Coins: What's Happening?
Portfolio Pulse from Mehab Qureshi
Floki token (FLOKI) has seen a 7% increase in value over the past 24 hours, surpassing popular dog-related meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The surge is attributed to a tweet from the official Floki social handle, hinting at a potential launch of the FlokiFi locker update on October 17, 2023. A recent poll conducted by the Floki community reflects a bullish sentiment towards the meme token.

October 13, 2023 | 6:11 am
News sentiment analysis
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NEGATIVE IMPACT
Dogecoin (DOGE) has seen a decrease in value by 0.47%.
The decrease in DOGE's value is likely due to the surge in FLOKI's value, as investors may be shifting their investments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Shiba Inu (SHIB) has seen a decrease in value by 0.11%.
The decrease in SHIB's value is likely due to the surge in FLOKI's value, as investors may be shifting their investments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Floki token (FLOKI) has seen a 7% increase in value, potentially due to the anticipated FlokiFi locker update.
The increase in FLOKI's value is likely due to the anticipated FlokiFi locker update, which has created a buzz in the crypto community.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100