The entrepreneur, who has often sided with Dogecoin (DOGE) and was hailed as the Dogefather, shared a video featuring the Shiba Inu dog Floki as the CEO of X (formerly Twitter).

The post went viral within hours, sending FLOKI’s price to a 10-day high of $0.00009. However, on Tuesday, the meme token tanked 12%, trading at $0.00006684.

Flōki is back on the job as 𝕏 CEO! pic.twitter.com/Zu29Dos24r

— Elon Musk (@elonmusk) October 20, 2025

Back in 2023, when he humorously referred to Floki as his successor as Twitter CEO for the first time, FLOKI’s price skyrocketed by 140% in a single day. This time wasn’t so different as Floki Inu maintains itself as one of the best meme coins to buy .

Floki Price Analysis: Channel Breakdown and Potential Reversal

The weekly chart reveals FLOKI t

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