Cryptocurrency latest news – Floki-Themed Dogecoin soars after Elon Musk shares picture of his Shiba Inu dog on Twitter

THE Floki-Themed Dogecoin has positively soared after Tesla CEO Elon Musk shared picture of his Shiba Inu dog.

Musk tweeted a photo of his pet pooch on Sunday, writing “Floki has arrived" – but his tweet surged Dogecoin knock-offs with the word “Floki” in their name, noted Benzinga Pro.

The news comes after Bitcoin was legalized by Ukraine after El Salvador adopts it as legal tender.

The vote on Thursday by the Ukrainian Parliament was almost unanimous and will now head to Ukrainian President Volodymyr Zelensky's desk.

Ukraine joins other countries that has passed some form of legislation on bitcoin and cryptocurrencies. El Salvador has adopted bitcoin as a legal tender. Some other countries may follow suit.