Hello everyone, how are you. Of course you all well. Like every day, I opened the market chart in the morning. Coffee was next to me, but my mind was not quite settled. Bitcoin was not moving much, and Ethereum was light green. Floki, Dogecoin, Shiba Inu—everything was silent. There was no smell of that excitement in the market.

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But you can never tell in advance when the market will change. And this time too, one man did it—Elon Musk.

What exactly happened?

On the morning of October 20, Elon Musk posted an AI-generated video on X (Twitter).
In the video, he has his Shiba Inu dog Floki sitting like a CEO, and the caption is – “the new ceo of X.”

At first, everyone thought, “Hey, that’s the joke again?”

But the market doesn’t understand the joke. Investors don’t even understand where to stop.

The result?

🔹 floki jumped by about 25%-27% in one fell swoop
🔹 Market cap went up to $829 million
🔹 Within minutes, the entire crypto community erupted in discussion

This is not the first time, what exactly is the “musk effect”?

In 2023, Musk first joked, “My dog is the ceo of Twitter.” In that one line, Floki went up by 146% in a day. Now the market is old, investors are mature, so this time 25% is a big deal.

Everyone now gives this phenomenon a name—
“musk effect” A tweet, a video or a word, and the market starts shaking.

But is Floki’s future really changing this time?

My personal analysis says, It’s a completely sentiment-driven pump. There is no official roadmap, no ecosystem update, not even a big partnership.

On top of that, a new token has already been released on the pump.fun platform—called “floki ceo of x”! That means the market is just chasing hope and hype.

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Where is the risk?

✔ New investors think – buy now, if you delay, you will miss out.
✔ Old investors think – it is better to sell at this opportunity, not pocket the profit.
✔ The market does not think – where is the real value?

But remember—The crypto market is largely a place for mental games. Here, emotion = the main reason for profit or loss.

So what should you do? (From personal observation)

I understood one thing from looking at the chart—it is not just price movement, it is a “mixed reaction of fear and greed” among people.

So the simple formula to follow could be:

SituationWhat would you do if FLOKI announces a new partnership/projectThen it can be considered long-termJust Musk tweets and the price goes upThen it's just hypeYou're too lateJumping now = riskYou were already holding. Profit Booking. You can think

Elon Musk proved again that the crypto market can still change with a video or a word from one person.

But what you can control is your own decision.

FLOKI can now be an opportunity, and a trap.
But always invest with strategy, not emotion.

Posted Using INLEO