Elon Musk backed Floki on rise, turns Rs 1000 into Rs 34 lakh in two months

If you had invested in Floki Inu coin two months ago, you would have been sitting on a fortune right now.

There are people who love pets and then there is Elon Musk who turns them into crypto coins. They eventually end up making a lot of investors rich. The latest to do so is Floki Inu, a coin named after Elon Musk’s new pet Floki. If you had invested in this meme coin two months ago, you would have been sitting on a fortune right now. Floki Inu has turned Rs 1,000 investment into a...wait for it...Rs 34 lakh return over the last two months.

Almost everyone knows that Musk was one of the biggest promoters of Dogecoin at the beginning of this year. His tweets and frequent statements sent the cryptocurrency on a high. However, in June, the Tesla chief had also announced that he will be getting a pet Shiba Inu dog (the face of Dogecoin) soon, and later announced that it will be named ‘Floki.’