--- title: "Elon Musk Adopts Shiba Inu, Causing Cryptocurrency Mayhem" description: "Floki Tesla and SpaceX CEO Elon Musk has officially adopted a furry companion friend called Floki — and, of course, the internet is aflame. But that’s not just because Musk got a dog. Floki is a Shiba Inu, the face of the alternative cryptocurrency Dogecoin, Musk’s much beloved crypto. And, hands to our hearts, that’s […]" date: "2021-09-13" modified: "2021-09-13" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/elon-musk-shiba-inu-cryptocurrency-mayhem" categories: - "Blockchain" - "Cryptocurrency" - "Elon Musk" - "Future Society" - "The Industrialists" tags: - "cryptocurrencies" - "dogecoin" - "elon musk" - "the digest" --- # Elon Musk Adopts Shiba Inu, Causing Cryptocurrency Mayhem ![Tesla and SpaceX CEO Elon Musk has officially adopted a furry companion friend called Floki — and, of course, the internet is aflame.]() *\Image: Elon Musk via Twitter\* ## Woki Floki Flame Tesla and SpaceX CEO Elon Musk has [officially adopted a furry companion friend]() named Floki — and, of course, the internet is aflame. But not just because Musk got a dog. Floki is a Shiba Inu, the face of the alternative cryptocurrency [Dogecoin](), Musk's [much beloved]() crypto. And, hands to our hearts, that's one cute puppy. A [picture uploaded by Musk]() shows the little one napping while curled up on a rug. "I like him," Dogecoin creator Billy Markus, who goes by the handle Shibetoshi Nakamoto, commented in a tweet. Fortunately, Floki won't ever have to know about the trials and tribulations of alt cryptos and the CEO billionaires, like his owner, that determine their fate by [posting dumb memes]() on social media. After all, he's just a dog. https://twitter.com/elonmusk/status/1437179881260032016 ## Rare Pupper The value of Dogecoin has been on a rollercoaster ride this year — which was largely Musk's doing. The billionaire has posted countless Dogecoin-related memes, causing the price of the no-longer-a-joke digital currency to go [soaring]() — and, sometimes, to come [crashing back down](). Things have even escalated to the point where SpaceX plans to launch a [satellite called Doge-1]() into Earth's orbit. Shortly after Musk posted the adorable pic, Doge [surged by $0.1](). That may not sound like much, but the currency has been hovering around the 24 cent mark for the last week or so. Other cryptocurrencies with the the word "FLOKI" in them, including Floki Inu, surged over 1,200 percent, as [*Benzinga* reports](). But not everybody is happy about Musk's new companion. The CEO's other dog Marvin (the Martian) — yes, that's really its name — is still a little suspect. When asked for a pic of the two dogs together, [Musk replied]() with "they are… not yet friends." **READ MORE:** [Elon Musk Sends Floki-Themed Dogecoin Knock-Off Soaring 1000% With Single Tweet]() \[*Benzinga*\] **More on Dogecoin:** *[The Creator of Dogecoin Says He Now Believes That All Cryptocurrency Is Horrible]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()