Elon Musk’s Shiba Inu Dog is not a common or pet. In fact, it also has the power to create a storm in the crypto market. In a tweet on February 15, Musk introduced his pet as “the new CEO of Twitter”. He also posted a picture of the dog sitting on the boss’s chair. Musk jokingly wrote, “He (the dog) is much better than many others.”
In a series of tweets, the billionaire businessman shared pictures of Floki sitting on a table at Twitter headquarters. Floki was seen in executive attire in these photos. He wrote in the tweet, Twitter’s new CEO is amazing. In a second tweet, Elon Musk said “And he has his own style too.”
Forbes magazine reported that the price of the memecoin cryptocurrency, created as a meme, increased. Popular cryptocurrency Dogecoin rose five percent within 15 minutes of the tweet. The face of Dogecoin is a Shiba Inu dog named Kabosu.
It’s market cap increased by around $500 million
Musk is also currently the CEO of Twitter. Several controversies arose during his tenure, such as mass layoffs and changes in several Twitter policies.
He also conducted a Twitter poll last year where a majority of users voted for him to step down as CEO. But Musk is expected to remain at the helm of Twitter for the whole of 2023.
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