FLOKI's recent surge is a typical example of the 'Musk Effect'. Its direct trigger was a sarcastic tweet posted by Musk on the X platform, announcing that his Shiba Inu 'Flōki' is returning to serve as CEO. Due to sharing the same name as this Meme coin, the community immediately interpreted this move as an 'invisible platform' and promoted it wildly, igniting the market's FOMO (fear of missing out) sentiment, which led to a massive influx of short-term speculative funds and pushed the price to soar more than 15% in a single day. This once again indicates that narrative and social media sentiment, rather than fundamentals, are the primary drivers of Meme coin's short-term prices, but such growth is often highly volatile and difficult to sustain.