Flōki 𝕏 CEO (ETH: $FLŌKI) is a meme coin inspired by an X post made by Elon Musk, the X CEO, in late October 2025. He shared an AI-generated video that showed his dog Floki as the CEO of the social media site. Soon after, Flōki 𝕏 CEO (ETH: $FLŌKI) was created. The price of the meme coin rose, and then crashed spectacularly. Let us dive into it.
Musk Continues To Move Meme Markets
Elon Musk has always had a huge impact on the meme coin market. He is directly responsible for helping to bring the attention of the masses to the Dogecoin (DOGE) meme coin. Additionally, he has inspired the creation of numerous other meme coins, such as Flōki 𝕏 CEO (ETH: $FLŌKI).
Back in 2023, when Musk stepped down as the CEO of Twitter, he jokingly posted that Floki was now the CEO of the company. At the time, the price of the Floki meme coin spiked to over $557 million.
On Monday, October 20, 2025, Musk tweeted that Floki was back on the job, with an AI video accompanying the post. The post led to a resurgence in demand for the Floki meme coin and inspired the creation of various new ones. One of the most notable ones was Flōki 𝕏 CEO (ETH: $FLŌKI), which is up astronomically since the tweet.
Flōki 𝕏 CEO (ETH: $FLŌKI) Market Performance
The price of $FLŌKI initially surged by over 48,000% in a week on November 19, 2025. However, due to massive price swings, as is to be expected for a meme coin, it was delisted from the price tracking platform CoinGecko. Consequently, getting an accurate price reading on the meme coin might be difficult.
However, the meme coin price data is still available on DexTools, where it currently has a market cap of $15.68K, and liquidity of $11.5K. After frantic trading activity on October 20, whales rug-pulled the entire project when they sold coins later in the same day in several transactions of over $10K each.
The project appeared to have found a new lease of life on November 19, but that did not last. Whales rug-pulled the project in several transactions over a few minutes. One of the biggest transactions on November 20 was a sell order for $88,187.36.
That demonstrates the fast-paced nature of the meme coin world and how jumping on a trend can leave you holding coins with a market cap of less than $20K.
Despite the sudden rise and fall of Flōki 𝕏 CEO (ETH: $FLŌKI), other meme coins associated with Musk have retained their value. For instance, Floki (ETH: $FLOKI) has a market cap of $464.64 million, which is an impressive accomplishment for the meme coin.
It also highlights how unpredictable the meme coin market can be. The main $FLOKI meme coin, for instance, is trading at an 86.1% discount to its all-time high, achieved on June 5, 2024.
Is Musk Losing His Pull?
Following the posts by Musk, the coin only gained 27% and did not hold onto the gains for long. Since hitting a market cap of around $829 million a day after the X post, it has fallen nearly 50% to the current market cap. Some say it signals that Musk no longer has the same pull. However, others push back, pointing out that $FLOKI is a much bigger asset today, making it harder for massive price surges.
Are Meme Coins A Buy Now?
The current market sentiment is bearish. It is especially so with the price of Bitcoin ($BTC) having fallen from over $100K at the start of November to the current price of around $86K just three weeks into the month. Analysts do not expect the trend to reverse anytime soon. In the current bearish environment, riskier assets like meme coins are less likely to find traction.
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