Memecoin rises: 736% rise caused by Elon Musk's name change

Elon Musk's name change caused 736% rise
Kekius Maximus (KEKIUS) Memocoin #rose 736% after #Elon Musk's name change.
This trader turned $1,964 into $1,535 million in just 15 days. Despite the huge trading volume, market analysts warn of volatility. Tesla and SpaceX CEO Elon Musk online. And raised eyebrows again. Musk changed his profile picture to Pepe, a #meme depicting a frog in a warrior costume and holding a joystick. Meme coins reacted to Musk's recent speech in their own way.
This move caused a stir on the #cryptocurrency market, and the price of Kekius Maximus soared more than 736% within a few hours.
Kekius Maximus (KEKIUS) is another memcoin that has not attracted much attention in the market. Over the past 24 hours, its value rose more than 736% thanks to Musk's actions.
the value rose from $0.009673 to $0.1139, with a trading volume of $52.86 million and a market capitalization of more than $101.5 million, indicating that both small and large investors participated in the action. This event was an important milestone in the company's history. This event highlights that Mr. Musk continues to influence the market with his actions.
Musk's manipulation of Mimcoin led to the emergence of billionaires in a matter of days. One trader is rumored to have started with $1964 and made $1,535,000 in just two weeks, meaning profits increased 780 times. This person now owns 2.54% of KEKIUS shares and has already made a profit of $535,000 by holding most of the tokens.
Another trader invested US$434 in Kekius Maximus-themed Mimcoins and cashed out US$167,000. The $167,000 was a 14,000% profit. Such measures have only fueled the excitement, and more and more speculators are entering the market.
However, such rapid growth, of course, is accompanied by dangers.

Moreover, something similar happened last year.

Read us at: Compass Investments

Over the past week, the price of XRP's native token Ledger has fallen more than 3%, but a prominent cryptocurrency analyst recently suggested that the outlook through 2025 is extremely bullish.

analyst Ari Martinez on microblogging platform X In a series of posts shared by more than 100,000 followers, he presented a price chart showing that #XRP is experiencing a big price move as the popular technical analysis tool Bollinger Bands compresses asset prices.
In another post, Martinez presented a bullish price move and suggested it was one of the most promising setups, pointing to a falling wedge pattern that is widely interpreted as a harbinger of a possible $11 bounce in XRP, according to the analyst.
As reported by CryptoGlobe, #blockchain data showed that the cryptocurrency's value #rose more than 310% after Republican candidate Donald Trump won the U. S. presidential election as XRP wallets,
data from analytics company Sentiment, which uses the 'Total Holders' metric to track the number of addresses on a particular blockchain network with non-zero balances, shows that the surge in the number of XRP wallets was 18 and continues today.
The company's data shows that over the past two years, the number of XRP wallets with non-zero balances rose 28% to 5.75 million, #bitcoin rose 27% to 54.9 million, and ether rose 47% to 134.9 million.
Read us at: Compass Investments

Bitcoin fell about 5% in December and ended 2024 on a downward trajectory, despite MicroStrategy's large weekly purchases.

As investors move into 2025, historical market data shows that January could be an important month for #bitcoin and other #cryptocurrencies . According to data compiled by
Coinglass, bitcoin has historically performed very strongly in the first quarter, with its price rising an average of 3.35% in January and nearly 57% in the first quarter over the same period since 2013.
However, bitcoin is not the only currency that is ending the year on a down note: since the Federal Reserve last met in mid-December, the Nasdaq 100 Index has fallen about 5%. Bitcoin has lost about 15% of its value over the same period.
But as Fundstrat's Tom Lee recently pointed out, a weak stock market at the end of the year doesn't necessarily mean a bearish start to next year. In fact, the data suggests the opposite.
In years where the market was weak in December, January is usually a rebound month. Last week, only 18% of stocks #rose on the New York Stock Exchange, the lowest three-day gain in 65 years. As Lee notes, the 12 stocks with the worst market breadth since 1962 ended the year returning an average of about 5% of their gains after January's performance, a 75% gain.
In this case, weakness through the end of 2024 could mean strength for stocks and, by extension, bitcoin in the new year. It could mean that.
Read us at: Compass Investments
#news #CryptoTrends

Cryptocurrency market continues to evolve in fascinating ways, with lesser-known tokens increasingly capturing investor attention. Recent data from CoinMarketCap reveals an intriguing mix of emerging projects that are gaining significant traction while maintaining market capitalizations under $1 billion. Let's explore these rising stars that are making waves in the crypto space.
Meme Revolution Continues
Leading the pack is the unexpectedly popular Fartcoin, which has soared an impressive 145% over the past month, pushing its market cap to nearly $932 million. While its name might raise eyebrows, its performance certainly demands attention, with daily trading volumes approaching $100 million. This success story exemplifies how creative branding can still capture the crypto community's imagination.
In a similar vein, Gigachad has emerged as another standout performer, leveraging internet culture to build a devoted following. With a remarkable 72% monthly gain and a market cap of $637 million, it demonstrates how meme-based cryptocurrencies continue to resonate with younger investors who appreciate the blend of humor and financial opportunity.
Technology-Driven Solutions
On the more technical side, Polygon (MATIC) maintains its reputation as a serious player in the blockchain scaling space. Despite more modest gains, its market cap of $923 million reflects investor confidence in its fundamental value proposition. The project's focus on Ethereum scalability solutions continues to attract developers and users alike.
Oasis (ROSE) represents another technology-focused contender, with its market cap holding steady at $637 million. Its emphasis on privacy features and scalable blockchain solutions has carved out a distinct niche in the competitive crypto landscape. Daily trading volumes exceeding $172 million suggest strong market engagement with its vision.
Emerging Trends and Notable Mentions
SPX6900 has emerged as one of the more impressive performers, posting consistent gains across all timeframes. With a 40.9% monthly increase and a market cap of $853 million, it's quickly approaching the billion-dollar threshold. The project's growth trajectory suggests strong market confidence in its long-term potential.
Meanwhile, Notcoin has carved out its own space with an unconventional approach to crypto branding. At a market cap of $660 million and showing healthy monthly gains of 26.8%, it demonstrates how creative marketing combined with solid fundamentals can drive sustained growth.
Community-Driven Success Stories
Mog Coin presents an interesting case study in steady growth, maintaining a market cap of $866 million through consistent, if modest, gains. Its stability in a notoriously volatile market has attracted investors seeking more predictable returns.
The whimsically named Peanut the Squirrel (PNUT) has also found its footing, with a market cap of $621 million and impressive monthly gains of 51.9%. Its success highlights how engaging community management and consistent development can build lasting value.
Recovery and Resilience
Terra Classic (LUNC) presents an interesting case of community resilience. Despite its well-documented historical challenges, the project maintains a market cap of $626 million, supported by a dedicated community that continues to believe in its potential for recovery.
Turbo rounds out our analysis with its $632 million market cap and steady growth metrics, showcasing how well-designed tokenomics and community initiatives can drive sustainable growth in the crypto space.
The diversity among these top-viewed cryptocurrencies reveals several key trends in the current market. While meme-based tokens continue to capture attention and capital, projects focused on technological innovation and practical utility maintain their appeal. This balance suggests a maturing market where multiple approaches to value creation can coexist and thrive.
For investors and enthusiasts alike, these sub-$1B market cap cryptocurrencies offer a window into the evolving dynamics of digital assets. Whether driven by community engagement, technological innovation, or creative branding, each project demonstrates unique paths to success in the blockchain ecosystem.
As the crypto market continues to mature, these emerging projects may well represent the next wave of breakthrough blockchain innovations. Their ability to capture and maintain market attention while operating below the $1B threshold suggests significant potential for future growth and development in the space.

#CoinMarketCap #CMC #Fartcoin #MATIC #ROSE $POL $ROSE $PNUT

In this article: El Salvador's bitcoin holdings have surpassed 6,000 BTC.

the country's #Bitcoin Commission has not been indifferent to the IMF's call to relax its bitcoin policy.
El Salvador has become a symbol of financial freedom thanks to its stance on bitcoin.
El Salvador, the first country where bitcoin is legal tender, has increased its bitcoin reserves to more than 6,000 #BTC , adding $569 million to its coffers. The move makes El Salvador the sixth country to hold more than 6,000 BTC.
the Central American country acquired one bitcoin on Dec. 29, bringing its total to 6,000.77 bitcoins ($569.3 million), according to El Salvador's National Bitcoin Foundation. Portfolio tracker Coin Office revealed that after
purchase, the country's bitcoin investment rate #rose to 108.02%. According to portfolio tracker Nayiba Bukele, El Salvador spent an average of $45,450 per bitcoin in
First bitcoin purchase was made on September 6, 2021, when the country purchased 200 bitcoins. By then, it had become the first country to declare bitcoin as legal tender. The purchase cemented the cryptocurrency's status as President Naib Bukele's treasury asset.
El Salvador ranks sixth among countries with bitcoins, according to BitBo's Bitcoin Treasuries, behind the U. S. , China, the U. K. , Ukraine and Bhutan.
the country has always bought one bitcoin a day, but after the US$1.4 billion deal with the International Monetary Fund (IMF) and on December 22, it bought US$1 million a day despite the IMF's request to limit bitcoin activity.
These purchases were in line with a statement made by Stacy Herbert, head of El Salvador's National Bitcoin Office, to X on Dec. 19, in which she said the country would continue to buy bitcoin at an accelerated pace.
El Salvador boasts a strong track record in bitcoin since taking on the mission of creating #digital assets.
Read us at: Compass Investments
#TokenEconomy