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Floki Jumps 27% After Musk’s X Video, Lifting Meme-Coin Market

Leverage surged across meme tokens as traders chased the move.

Overview

  • Musk posted an AI-generated clip joking that his Shiba Inu, Floki, was back as X CEO, reviving interest in the namesake token.
  • FLOKI rose to about $0.000086 with a roughly $829 million market cap, according to Decrypt’s snapshot.
  • Coinglass reported derivatives volume up about 663% to $283 million and open interest up 165% to $37 million for FLOKI.
  • CoinGecko trending lists and a roughly 5.8% rise in overall meme-coin capitalization to about $64.4 billion reflected broader spillover.
  • FLOKI’s official account promoted recent milestones, citing a European ETP debut and a Robinhood listing as signs of growing visibility.