Every share of Elon Musk, who has not fallen off the agenda with his shares regarding cryptocurrencies in 2021, continues to be an event.
Tesla CEO is very influential not only on the cryptocurrency markets, but also on the US stock markets. The latest sharing of Musk, whose every move has a consequence on the market, also caused good rises in some of the cryptocurrencies.
Celebrating the new year of his followers on Twitter, Musk later shared a picture of a Floki dog dressed in a Santa Claus costume and said, “Floki Santa (Santa Claus)”.
In the photo shared by Musk, the Dogecoin symbol hanging around Floki’s neck also drew attention.
After Musk’s sharing, while there were increases in Floki-specific cryptocurrencies, one of them took flight.
The cryptocurrency, which has the Santa Floki icon and uses the name “Santa Floki”, rose 40 times in one day after Musk’s sharing.
Santa Floki, which fell by 50% on the same day, is now trading 17 times higher than yesterday’s level.
Santa Floki, which has a trading volume of $ 6 million in the last 24 hours, has low volume and low market cap value, so experts say that such cryptocurrencies should be avoided.