In June 2021, Elon Musk tweeted about getting a Shiba Inu puppy and naming him Floki, after the Viking character from the show. Within days, multiple “Floki” tokens had launched on Ethereum and Binance Smart Chain. Eventually one — simply called Floki Inu — survived and consolidated the meme. It became the third major dog memecoin after DOGE and SHIB.
Unlike most Elon-inspired tokens, Floki built actual products. They launched an NFT gaming platform called Valhalla, an educational platform called Floki University, and a DeFi suite. They also ran one of the most aggressive marketing campaigns in crypto history — putting Floki ads on London buses, World Cup ads, billboards in Times Square. By 2024, Floki had a market cap in the billions and a real ecosystem. It became the most legitimate “Elon coin” without ever being officially endorsed by him.
Leave a Reply