Elon Musk's new pet, Floki, erupted on social media, the meme tokens were back in the buzz again. A new crypto token based on Musk's new pet, named Floki Inu, became the 'pet' of global memetoken lovers, as it rallied about 1,500 per cent in just three months since inception. Interestingly, the digital token has skyrocketed a whopping 3,40,150 per cent in just two months to $0.00006805 on October 8 from $0.00000002 on August 8. In rupee terms that means it turned an investment of Rs 1,000 into Rs 34 lakh in just two months.
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RBI is working towards a 'phased introduction' of the digital rupee. The digital rupee will likely coexist with cash and digital forms of payments.
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