Floki Rockets 74% But Omits Elon Musk From List Of Factors Behind Rally

Floki FLOKI/USD has rallied over 74% in the last 24 hours, after Twitter CEO Elon Musk sent the meme coin into a tizzy late on Tuesday after posting a photo of a dog, assuming the role of "new CEO" of the microblogging site.

What Happened: Floki on Wednesday listed reasons for the spike in price but did not mention Musk’s role. 

There is a lot of interest in #Floki today: volume is currently at $153 million+ and a good portion of that is on #DEXs.

For perspective, $FLOKI hasn't had this much volume in over a year now.

This shows renewed interest in our ecosystem and we'd like to share some facts... pic.twitter.com/LDTGt6179D

— FLOKI (@RealFlokiInu) February 15, 2023

“There is a lot of interest in Floki today: volume is currently at $153 million+ and a good portion of that is on DEXs. For perspective, FLOKI hasn't had this much volume in over a year now. This shows a renewed interest in our ecosystem and we'd like to share some facts,” Floki said in a tweet.

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Floki tweeted they see a lot of volume and interest in the BNB chain.  “Floki currently has 365,000+ holders on the BNB chain vs 66,900+ on Ethereum ETH/USD. That's 5.5 times more holders on BSC due to its low gas fees and scalability. We have a major BNB chain integration coming soon.”

Price Action: At the time of writing, FLOKI was trading at $0.000046 up 74.60% in the last 24 hours, according to Benzinga Pro.

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