After the words of FED Chairman Jerome Powell, American stock markets closed with losses of more than 3 percent last week, while crypto money exchanges lost 70 billion dollars. – Although the crypto markets have been responding to global economic developments for about 3 months, and continued their fluctuating course, entrepreneurs did not hesitate to announce new projects. A new altcoin named Doge Floki was added to these projects, inspired by a post by Elon Musk on Twitter and offering an anti-inflation system.
According to the news in Hürriyet newspaper; Evaluating the developments on the subject, e DogFloki Coin Marketing Director Elvis Jain said, “The crypto community focuses on buying potential promising altcoin projects from the bottom during the downturns of the markets. Doge Floki was developed with a community-oriented approach to respond to this demand from investors.” User named Shibetoshi Nakamoto, the creator of Dogecoin, which is one of the most popular altcoins and turned into a phenomenon in a very short time, said on November 2, 2021, “I have decided who will be the next fake CEO of Dogecoin, I will explain soon” had shared. Elon Musk, CEO of Tesla and SpaceX, said to this post, “How about my dog Floki? He would be a great CEO!” He replied by sharing.