What’s the Latest Situation at DOGE and FLOKI After Elon Musk Shares the Photo of the CEO’s Chair on Twitter?

DOGE and Floki began to rise after Elon Musk announced that his dog, Floki, is a great CEO of Twitter and is “better than the other guy.”

DOGE and Floki Soared After Elon Musk Shared Photo of His Dog on Twitter’s CEO Chair

DOGE, which rose after the sharing of Elon Musk, recorded an acceleration of about 5 percent, while an incredible rise took place on the side of FLOKI.

FLOKI has experienced a 40 percent rise since the time the tweet was shared.

Looking at the charts, it is seen that both coins maintain most of their rise. Especially the sharp rise from the FLOKI side pleased the investor.

It is necessary to be a little more careful, especially against the coins that have experienced a serious rise on news. Because when there is a decrease in the market, it is usually these coins that lose the most value.

On the FLOKI side, the most important resistance is .3247, while support is at $.25.

For DOGE, the most important resistance is 0.0865, while the support level is 0.0845. In particular, the closings above the resistance or below the support in the 4-hour candles can be effective in determining the direction.

Musk Had a Fight With Former Twitter CEO

Musk replaced Parag Agrawal as Twitter CEO when his acquisition deal for the social networking platform closed on October 27.

While the two reportedly had an intimate relationship when they first met, their relationship reportedly deteriorated towards 2022 after Musk became Twitter’s largest shareholder.

While Musk unfollowed Agrawal on Twitter, the former CEO still follows Musk.
In December, it was reported that Musk began searching for a new CEO on Twitter after he lost an online poll on the subject.

“I will resign as CEO as soon as I find someone stupid enough to take the job! After that, I will only manage the software and server teams,” he said.

*Not investment advice.

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