Elon Musk accidentally created a new cryptocurrency. WTF?

[devil2man]

I also believe that Elon Musk has nothing to do with the creation of the Floki token, i believe instead it was created by someone who tries to exploit the wave of popularity and in particular that joking tweet of Musk, what i cannot understand is why Elon Musk is sponsoring / advertising these two altcoins (doge and shiba) to the far-fetched

[maxreish]

3500 % is too much gain. Honestly, those hype that urge instantly are fishy and kinda scared to ride that hype. If that was intentional and manipulated to make it a hype and famous coin in 24 hours, I dont think it is worth to buy it now.

[pixie85]

In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

Shows how much real value the coin has. If someone's tweet can make it go up by 70% then someone's tweet can also make it go down by at least the same amount.

9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Who are the morons who buy these? I get that someone thought to make another meme coin based on Musk's tweets but who the hell is dumb enough to put so much real money into this manipulated shit that is sure to dump when its creators cash out or when Musk says he doesn't like it anymore?

[gundala]

They're all hype whenever Elon makes a tweet and a coin suddenly appears. It's all about his influence and these people are taking advantage of riding whatever the idea comes out from his tweet. Just like what they've done to name a new coin that he has named under his dog.
That's not new anymore and that's why those pumps and dumpers are always active to check out everything new and they know that they can make money from it. But it's dangerous for newbies to cope up with such.

Taking advantage of the hype is one of the popular strategies today. Moreover, many investors and newcomers are easily moved by influencer tweets. and EM can actually read the situation for personal gain. yes, of course he has a certain scenario about his tweets, in fact many also follow him as investment advice.
well, you have the right to choose to follow it or just watch it from afar, what is clear is this is a pump and dump scenario, don't be late or you will lose.

[bocyaj]

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

You should be cool when post of thread.Shiba had huge supporters after his tweets.Even I had nearly 1 billion of coin.But it became a useful to me one,the value reach to 10 cents atleast.Because every people need of money to sustain in the market and to live a decent good life.Trading will help us one day.

[senyorito123]

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

I'm curious about this mate, it made me wonder how come a popular person like Elon Musk would said that words aggressively without certain fact checks. Was that really him twitting legitly? Or someone was only using his name just to fool out people just to become viral or promoting their shitcoins. There's no official announcement coming exactly from doge itself, and I only knew some information that only came from telegram or Twitter pages. We can't really trust these days, because social media is full of anonymous group and please do a fact checking first before we use to believe everything if Elon Musk vocally stated all those words about new cryptocurrency.

[Dump3er]

I wonder if Elon will end like McAfee one day...

I doubt that. Elon is not on drugs. At least he is not promoting shady project for money, because he has enough
Elon Musk is simply different. He does things for society, and I dont remember McAfee doing the same.

Anyway, if this Floki token was really created by Elon, he would have used some kind of promotion of it, or have created a webpage for it as a minimum. But we see only a token, that perhaps, was created in a rush and there is nothing behind that.

McAfee developed antivirus software, doesn't sound too bad to me. We don't need to talk about the rest though...

We will first need to see how Tesla plays out in the long run. By now essentially everyone knows how Elon Musk treats the people who are working for him. The reports about working conditions are devastating. He does say that he is going to develop an environmental friendly electric car, but for that car you need certain ingredients. The question remains whether people in Africa and elsewhere will have to suffer for that in order to make the life in the Western world even better. It is a two edged sword so far.

Musk didn't "accidentally" create a new cryptocurrency. He knows what he is doing and probably sits in front of his screen enjoying how he became so powerful that he can move multi billion dollar markets with a single tweet.

[isaac_clarke22]

~

Uhmm no or it could be just people are thinking that Elon invested in that coin already since he just mentioned the name. There are many overreactive person these days you know. Don't be surprised about celebrity making his/er followers just go and throw all their money thinking that it will go up just because Musk mentioned it.

[KaliLinux]

I think this is not an attempt "to influence the crypto market", but some tricky person just created this token to sell it during hype. Elon Musk zero relationship to this Floki token.

This is a great example of how greedy people can be and how easily they can be tricked and controlled. This is so simple. Take what ever Elon says, create a token with same name and voila, you are locked and loaded for scam sale.

You are totally right and took the words right out of my mouth  Since people are so now attached to whatever Elon musk tweets and this happened, then the result is what you see executed by the quick smart ones and it is really disappointing that people actually go for it even though I understand that we are all trying to make some profits but isn't this obvious that this is just another shitcoin?

[tvplus006]

...I wonder if Elon will end like McAfee one day...

I don't think Musk won't make the same mistakes that John McAfee made. Musk does not engage in direct advertising and does not call for buying coins, unlike the late McAfee. But a community has formed around him, which is engaged in monetizing every word mentioned in his tweet.

[Renampun]

I also believe that Elon Musk has nothing to do with the creation of the Floki token, i believe instead it was created by someone who tries to exploit the wave of popularity and in particular that joking tweet of Musk, what i cannot understand is why Elon Musk is sponsoring / advertising these two altcoins (doge and shiba) to the far-fetched

we can only speculate with all the meme coins that Elon has tweeted...

Elon never divulged what exactly his purpose in tweeting dogecoin or Shiba was to the crowd so we can only speculate on that. but never buy a new meme coin in his tweet because it must be made by a fraudster who is always smart to find loopholes to steal people's money or he himself made the coin and then tweeted it to deceive people, who knows!

[CryptoYar]

Was it just a coincidence that in just 9 minutes developers created a token and listed it. and provided the liquidity so that people could buy and sell?... WOW

I think Elon Musk is trying to make a new coin to be manipulated by him because we see Elon Musk often doing that in Bitcoin and Dogecoin, only now Elon Musk has difficulty manipulating the price of Dogecoin and Bitcoin so he prefers to make his own coin.

Even if he makes his own shitcoin, then very few people will fall into his trap, because I think the majority of the people knows that Elon is a manipulator and eventually they will lose their money. So I think Elon Musk's game is almost over.

[Chato1977]

Floki from the character in Netflix Early wars "Vikings" ? the creator of the ships used by the Vikings in their quest in conquering the world 

Elon Musk always make us laugh in His statements and what made me laugh more? is the idea that people still do believe on those BS statements .

Move on< grow old guys .

[Shasha80]

I think Elon Musk is trying to make a new coin to be manipulated by him because we see Elon Musk often doing that in Bitcoin and Dogecoin, only now Elon Musk has difficulty manipulating the price of Dogecoin and Bitcoin so he prefers to make his own coin.

we will see did elon musk will make shit coin or good quality project different with every shilled that he done. as we know elon musk shilling shit project to manipulate meme coin , start from doge coin shiba inu and baby doge for lastest. with his techprenuer as background it should not be difficult for elon musk make project that bring great solution like he did in Tesla.

Elon Musk currently has a bad reputation in the crypto world, with everything he did by manipulating the prices of Bitcoin and Dogecoin. So I'm sure
Elon Musk will just make shitcoins, with the sole purpose of making money. I don't believe Elon Musk will make such a quality project. What did for
Tesla do differently, because the crypto world for Elon Musk is only a place to make profit. So I'm not interested in investing in a project that Elon Musk
will create.

[Cryptomiles1]

This all Hyped project, i don't follow his tweet anymore many might trapped in on the process. have you really take a look at DOGECOIN to see the reaction now. many novice got trapped buying dogecoin @ $0.7 thinking it will get $1 but that didn't work after his tweet. he does that for his self interest to pull out his resources from the project. even if you will get involve in his tweet be sensitive enough to know when about dumping.

[imstillthebest]

Was it just a coincidence that in just 9 minutes developers created a token and listed it. and provided the liquidity so that people could buy and sell?... WOW

I think Elon Musk is trying to make a new coin to be manipulated by him because we see Elon Musk often doing that in Bitcoin and Dogecoin, only now Elon Musk has difficulty manipulating the price of Dogecoin and Bitcoin so he prefers to make his own coin.

Even if he makes his own shitcoin, then very few people will fall into his trap, because I think the majority of the people knows that Elon is a manipulator and eventually they will lose their money. So I think Elon Musk's game is almost over.

there are many people that want to make easy profit and even if they know that elon is a manipulator they will still bite into it but there would be some that call it quits because they are not lucky to be on time .
this is not a co incidence because elon tweeted it first but im not sure if the coin is owned by elon or it created by someone and he only gets a commision for promoting it .

[camat gampong]

Elon Musk is one of crypto sensation that could influence any particular crypto once he intentionally or unintentionally tweet something about crypto subjects. Well, he might be the creator of shitcoin hype now. He can hype the token from his single post. Very interesting influence and popularity followed by millions of crypto people. I hope one day I can ride with the hyper.

If you like Elon Musk because he is able to create hype in the crypto space, then you can always follow his tweets through his social media accounts, because usually those who are late to follow Elon Musk's tweets will not find maximum profits because shitcoin hype will not always last in the long term.

[evilgreed]

               It seems I have developed a special kind of phobia that when I see a post about Elon Musk I get frightened with the thought of the crash about to accompany such news about Elon Musk. I wonder what I should call this kind of phobia? lol. But seriously though, most of the time I read anything about Elon Musk, it leaves a bitter taste in my throat since every time it mostly revolves about crap tweets and such. He may be doing these things to manipulate the market or just to troll. Either way, no one can really tell for sure. As for this special case, I think this is just an independent act by some clever guy to take advantage of Elon Musk's influence right now which I think is quite a good idea. Good for the guy who  made money with this and a crispy mehh for the people dumb enough to take Elon Musk's words seriously enough to make them invest in such a coin that is bound to be abandoned sooner or later. Oh well..

[akirasendo17]

Elon just tweeted so some people like what others said just taking advantage since Elon is so popular with crypto developers are creating coins and putting hype on it, by saying Elon tweeted this, and the people fall for it, Elon has nothing to do with pump, he just say what he likes, because remember Elon is not connected with those sprouting new coins in the market, so to avoid losing tons of money make research and don't just look on person tweet.

[newdevices]

Elon Musk is one of crypto sensation that could influence any particular crypto once he intentionally or unintentionally tweet something about crypto subjects. Well, he might be the creator of shitcoin hype now. He can hype the token from his single post. Very interesting influence and popularity followed by millions of crypto people. I hope one day I can ride with the hyper.

If you like Elon Musk because he is able to create hype in the crypto space, then you can always follow his tweets through his social media accounts, because usually those who are late to follow Elon Musk's tweets will not find maximum profits because shitcoin hype will not always last in the long term.

Everyone knew when Elon Musk tweeted that the coin would create hype,
and you could say it has been proven as happened with dogecoin and doge baby,
what you say is true indeed the coin meme hype won't last long