Elon Musk Tweets Pic of Pet Shiba Inu ‘Floki’, Prompting Dogecoin, Spinoff Cryptocurrencies to Surge

Tesla’s Elon Musk triggered a 10 percent price rise in an altcoin called Shiba inu in June, when the billionaire entrepreneur went on Twitter to announce that his new pet puppy of the afore-mentioned breed would be named “Floki”.