This P2E Coin Named After Elon Musk's Pet 'Floki' Is Up Over 300% Today Even As Dogecoin And Shiba Inu Slump

Dogecoin DOGE/USD and Shiba Inu SHIB/USD fell on Wednesday evening along with other major cryptocurrencies.

However, some of the knockoff coins are seeing gains, with NinjaFloki NJF/USD up 301.2% during the past 24 hours to $0.000003251.

What Happened: NinjaFloki has surged more than 300% each against Bitcoin and Ethereum.

NinjaFloki Price Performance
Time-frame % Change (+/-)
24-hour +301.2%
24-hour against Bitcoin +316.8%
24-hour against Ethereum +309.6%
7-day -64.5%
30-day -53.2%
YTD +47.6%

Floki is the name of Tesla Inc. TSLA CEO Elon Musk's pet Shiba Inu dog.

For comparison, Dogecoin is down 2.8% during the past 24 hours, trading at $0.1383 at press time. Shiba Inu, the self-described “Dogecoin killer,” has lost 3.9% over the 24-hour period to $0.00002077.

See Also: How To Buy Dogecoin (DOGE)

Why It Matters: NinjaFloki describes itself as a gaming-based passive income generating cryptocurrency that rewards its holders in Binance USD.

The coin announced Wednesday on Twitter that it will be announcing “good news” shortly, after having said earlier this week it was almost time for the full version of its first play-to-earn game.

Read Next: Dogecoin Reaches Yet Another Historic Milestone

Photo: Jose Rodrigo Safdiye/Benzinga

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