Elon Musk’s X Post Makes This Meme Coin Jump 94%

MARVIN

Tech billionaire and X platform owner Elon Musk celebrated his beloved dog Marvin’s birthday by writing an X post. Musk shared a nice photo of Marvin today, but he also has a Shiba Inu named Floki.

Similar to how Musk’s Floki inspired the meme cryptocurrencies Shiba Inu (SHIB) and Floki (FLOKI), Marvin has also served as the inspiration for a number of other meme coins, including Elon’s Marvin, Marvin Inu, and Floki Marvin. These coins were created with the apparent intention of profiting handsomely from the name of Elon Musk’s pet dog.

https://x.com/elonmusk/status/1719516677379891224?s=20

Marvin Inu 94% up on Elon Musk’s tweet

Marvin Inu’s price surged by around 94% following Musk’s joyous X tweet, hitting a figure of $0.0000014, which is somewhat less than the second-largest meme currency by market capitalization, SHIB, is now trading for ($0.00000768).

According to CoinMarketCap, MARVIN is ranked 2,375th. In the last day, its trading volume has increased by a remarkable 74,046.81% to $525,374.

When Musk included a number of other meme and AI-based currencies in his tweets earlier this year, their values surged dramatically. Milady Meme Coin (LADYS) was one of such meme currencies; at the time, it increased by an astounding 12,056%. Following that, a number of significant cryptocurrency exchanges, including Crypto.com, listed it.

In response to Musk’s post, the cryptocurrency community wished the Marvin dog a happy birthday with great enthusiasm.

A DogeDesigner user on the X app even wished Elon Musk a happy birthday by joking about his love for the cryptocurrency Dogecoin. Musk often uses his X postings to support DOGE. In the past, the price of this original joke token might skyrocket after he sent out a single DOGE tweet.

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