While a cryptocurrency deployed on the Binance Smart Chain is named Floki Frunkpuppy, it was not clear whether Mr Musk referred to it.
While a cryptocurrency deployed on the Binance Smart Chain is named Floki Frunkpuppy, it was not clear whether Mr Musk referred to it or just meant the front trunk of the Tesla car shown in the image. This new image of the Shiba Inu dog riding in a Tesla car could also mean Mr Musk considering accepting payments in Dogecoin or extending his support to a new Shiba Inu coin. But, as is often said about Mr Musk, his tweets conceal more than they reveal.
According to Benzinga, the cryptocurrency Floki spiked on Sunday – but only briefly. The coin touched an intra-day high of $0.00007509.
So, many Twitter users wondered this time as well about Mr Musk’s intentions.
Is that doge or Shiba Inu? @elonmusk
— Imtiaz Siddiquee (@tanim009) October 4, 2021
nice pupper elon pic.twitter.com/rgtTEl1ly0
— justin🐢 (@relzwrld) October 4, 2021
Incoming Dogecoin pump
— litquidity (@litcapital) October 4, 2021
Among those who commented on the thread was Billy Markus, the founder of Dogecoin, who goes by the Twitter handle “Shibetoshi Nakamoto”.
i like this
— Shibetoshi Nakamoto (@BillyM2k) October 4, 2021
Others just had fun seeing Musk was back at this game – again.
— Crypto Wizard 🧙♂️ (@ThaCryptoWizard) October 4, 2021
— KK (@KK_Crypter) October 4, 2021
— francisco (@francis15272849) October 4, 2021
Last month, Mr Musk had tweeted that “Floki has arrived.” He also shared an image of a dog sleeping on the floor. Floki-themed cryptocurrencies had surged at the time.
Floki has arrived pic.twitter.com/2MiUKb91FT
— Elon Musk (@elonmusk) September 12, 2021
A Twitter user had asked Mr Musk to share a picture of his puppy in a frunk – a trunk located in the front of a car.
For the love of god put that pup in a frunk pic.twitter.com/A5zwEB6B1T
— 🐶Earl of FrunkPuppy 🐶 (@28delayslater) September 12, 2021
But for the past few days, it appeared the SpaceX CEO was focussing on sending humans to space, in his Dragon capsule. But that time is over. With his latest tweet, Mr Musk has shown – again – he is very much involved with the crypto world.
As much he is credited for popularising Dogecoin, he is also blamed for the market crash in April-May this year. It was then that Musk and his electric vehicle-making company reversed their position on accepting Bitcoin, the largest cryptocurrency, as payments over climate concerns. Mr Musk then began actively pushing Dogecoin on social media, leading to a rise in its value.