Saturday, January 4

Elon Musk’s X Name Change Triggers 500% Surge for Kekius Maximus

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Tesla CEO Elon Musk altered his name on social networks platform X to Kekius Maximus today, triggering the likewise called meme coin KEKIUS to take off soon after.

KEKIUS was trading at $0.08832 at press time, up 504% on the day-to-day chart.

Musk’s Latest Antic Pushes KEKIUS

On December 31, Elon Musk altered the name of his X manage to Kekius Maximus and likewise altered his profile photo. His profile image now reveals Pepe, the frog, holding a joystick and playing a computer game.

“Kekius Maximus will quickly reach level 80 in hardcore PoE,” Musk composed on Twitter.

Kekius Maximus is a popular web meme that appears to integrate Pepe, the frog, and the Maximus character from the film Gladiator. Musk, who is a recognized enthusiast of meme coins, likewise retweeted a post that stated, “Elon Musk is now Kekius Maximus.”

It appears traders are benefiting from Musk’s shenanigans. A trader who purchased KEKIUS for $1,964 2 weeks earlier now holds a massive $1.535 million in his hands, according to a crypto expert on X.

“As Elon Musk alters his name to Kekius Maximus, anon who purchased $1,964 KEKIUS 15 days earlier have actually now truned it into $1.535 million. An insane 780X return. Brother’s now the leading 1 holder (2.54%), took $535,000 earnings and still counting,” the tweet stated.

According to information from CoinGecko, Kekius Maximus’s 24-hour trading volume has actually struck $35.2 million, while its market cap has actually crossed $88.32 million after the rate soared. According to information from GeckoTerminal, numerous other coins with names or styles comparable to KEKIUS are likewise taking advantage of Musk’s newest relocation.

Kekius Maximus rate chart. Source: CoinGecko

Numerous Kekius Maximus-themed meme coins have actually emerged on a number of chains. There is a KM meme coin on Solana.

A trader who purchased the Solana-based meme coin KM for $4,360 made a shocking revenue of over 17,000% as the holdings increased to $638,000. The remarkable rise in rates likewise triggered conversations of a meme coin season on social networks.

“Maybe Meme Season is back,” one user composed on X.

Remarkably, this is not the very first time Elon Musk has actually altered his name on Twitter. In January 2023, Musk altered his name to Mr.Tweet.

“Changed my name to Mr. Tweet, now Twitter will not let me alter it back,” Musk published.

Another time, Musk altered his X deal with to ‘Naughtius Maximus’ before reverting back to his initial name.

Elon Musk published a meme portraying Doge last month. He straight referred to the Department of Government Efficiency, the meme possession Dogecoin likewise pumped briefly.

Disclaimer

In adherence to the Trust Project standards, BeInCrypto is devoted to objective, transparent reporting. This news short article intends to offer precise, prompt info. Readers are encouraged to validate realities separately and seek advice from with an expert before making any choices based on this material.

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