If not Bitcoin, Elon Musk blows up 2 new cryptocurrencies

A happy event in the Musk family – you may have missed it – or maybe not – But Elon Musk took advantage of a generally rather quiet weekend on the Bitcoin

and cryptocurrency front to inject a dose of canine madness via a heartfelt tweet. Embodying the concept of the “butterfly effect” to perfection, the world’s least discreet billionaire thus managed in a handful of characters, a simple cute photo wrapped in a seemingly innocent tweet, to propel several cryptocurrencies to a temporary firmament.

Summer will be puppy

In all likelihood, at the sight of the photo below, you will tilt your head slightly to the side and emit a funny little noise halfway between the ridiculous and the cute. Don’t worry, you’re human, reasonably empathetic, and we’ll agree that today’s sleeping hairball is likely to instantly turn any gruff Belarusian trucker into an efficient pawing machine.

<img width=”747″ height=”672″ src=”//www.w3.org/2000/svg’%20viewBox=’0%200%20747%20672’%3E%3C/svg%3E” alt=’Elon Musk announces the arrival of Floki” /><img width=”747″ height=”672″ src=”https://yellowrocketagency.com/wp-content/uploads/2021/09/image-57..jpg” alt=”Elon Musk announces the arrival of Floki” /> That’s

how it is, the sight of a sleeping puppy a few weeks old makes us all perfectly suggestible and even tends to make us lose any bit of critical thinking. Advertisers know it, Elon Musk knows it, and you, deep down, know it.

And if the notion of influence comes up in this way, it’s because as a fan of crypto-currencies and the whole twisted universe that revolves around them, you know that Elon Musk is particularly known (and often criticized) for his ability to influence the whole market, sometimes with a simple tweet (although we agree that nothing beats a real and concrete action, like when he announced that Tesla had bought 1.5 billion in bitcoins

).

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So, this time again it didn’t fail, and if your Aunt Jeannine would only perceive in this photo an adorable subject for the 2022 firefighters calendar, thousands of crypto “investors” have for their part, searched in the second following the tweet, the hidden message, the cryptic code, the enigmatic undertone that Elon Musk would have left to arrow in flashing the next crypto currency to follow. And a few candidates seemed to fit the bill, as we’ll see.

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Doggy Style

It’s a fact, everything in the crypto marketcap today has more or less to do with Elon Musk’s love of a particular form of trolling that began <a href=”https

I’m not sure how much of a problem it is, but I’m not sure how much of a problem it is, so I’m not sure how much of a problem it is, so I’m not sure how much of a problem it is.

Obviously, to these illustrious pure-bred representatives we can add dozens of more or less opportunistic clones, generally devoid of the slightest added value and who bark noisily in deserted order books, waiting for a more inconsistent master than the previous one to take over.

And of course, Elon Musk’s tweet has had noticeable, even explosive, effects on some of these crypto-currencies, starting with the unlikely “Floki Inu” which saw its price explode by 300% in a few minutes, before quickly returning to the basket.

Cours de Floki InuCours de Floki Inu

Another illustration is the Shiba Floki , which graces its few holders with a 450% increase

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Cours de Shiba FlokiCours de Shiba Floki

In short, all the assets on the market with the term “Floki” in their respective names reacted globally in the same way to the tweet of the head of the kennel Musk. The effect is as impressive as it is likely to be temporary, on assets that are generally very illiquid, putting the real impact of the phenomenon into perspective.

Depending on your mood at the beginning of the week, you might be amused by this umpteenth illustration of the omnipotence of Elon Musk, who, failing now to try to influence the price of Bitcoin , is playing the great architect with third-rate crypto market assets.

If not, you could also mentally slap a hand over your face, as sorry for the childishness of the billionaire fantasist as for the childishness of those who follow his tweets in packs with little more strategy than a headless chicken.

In any case, let’s rejoice for little Floki who, far from these considerations, must simply already be thinking about the next stupid thing to do… a bit like his master probably.

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