The meme token named after Elon Musk's dog has soared 200% this year
of his dog Floki on Twitter, though he's given no clear indication that he's involved with the Floki crypto project.
After a steep sell-off following the collapse of FTX, crypto prices have rallied to start the year as investors assess falling inflation and price in softer rate hikes from the Federal Reserve. This week, after the Financial Times reported Musk was looking to add a payments system to Twitter, leading to speculation the meme coin could be accepted as payment on the social media site.
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