Elon Musk propelled the Shiba Inu token

The cost of the Shiba Inu token on the Binance crypto exchange in 15 minutes increased by 26% (from $ 0.00000670 to $ 0.00000850) after the publication of the CEO of Tesla and SpaceX Elon Musk on Twitter. Businessman wrotewho named his dog of the Shiba Inu breed Floki. At 15:25 Moscow time, the price of Shiba Inu is $ 0.00000741, according to RBC Crypto.

9 minutes after the publication of Musk on the social network, the Floki token was created on the Uniswap decentralized crypto exchange. In an hour, its price increased by 795%, to $ 0.000000001100. The token is currently trading at $ 0.0000000006661.

In early May, Elon Musk wrote for the first time that he was looking after a Shiba Inu puppy. Then the cost of a token with the same name increased by 68% per hour. Later, Shiba Inu was listed by two crypto exchanges Coinbase Pro and Binance.

Shiba Inu is a meme token that is seen as an alternative to Dogecoin.

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