Floki FLOKI/USD has recovered by over 74% in the last 24 hours, after that Twitter CEO Elon Musk sent the meme coin into an uproar late Tuesday after posting a photo of a dog taking on the role of a canine “new CEO” of the microblogging site.

What happened: Floki on Wednesday listed reasons for the price hike but didn’t mention Musk’s role.

“Today there is a lot of interest in Floki: volume is currently over $153 million and a good portion of that is on DEXs. For comparison, FLOKI hasn’t had that much volume in over a year. This shows a renewed interest in our ecosystem and we want to share some facts,” Floki said in a tweet.

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Floki tweeted that they are seeing a lot of volume and interest in the BNB chain. “Floki currently has over 365,000 holders in the BNB chain versus over 66,900 ether ETH/USD. That’s 5.5 times more BSC holders due to low gas fees and scalability. We’ll have a big BNB chain integration soon.”

price action: At the time of writing FLOKI was up 74.60% in the last 24 hours, trading at $0.000046, according to Benzinga Pro.

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