Tesla CEO Elon Musk changed his name on social media platform X to Kekius Maximus today (31), causing the similarly named memecoin KEKIUS to explode soon after.
KEKIUS was trading at $0.08832 at press time, up 504% on the daily chart.
Musk's latest feat boosts KEKIUS
On Tuesday, the 31st, Elon Musk changed the name of his X profile to Kekius Maximus and also changed his profile picture. Now, his profile picture shows Pepe the Frog holding a joystick and playing a video game.
Kekius Maximus will soon reach level 80 in PoE hardcore, Musk wrote on Twitter.
Musk, a known memecoin aficionado, also retweeted a post that read: “Elon Musk is now Kekius Maximus.”
It appears that traders are cashing in on Musk’s actions. A trader who bought KEKIUS at $1,964 two weeks ago now owns a whopping $1.535 million, according to a crypto analyst on X.
As Elon Musk changes his name to Kekius Maximus, anon who bought $1,964 worth of KEKIUS 15 days ago has now turned that into $1.535 million. An insane 780X return. The guy is now the largest holder (2.54%), has made $535K in profit and still counting, the tweet read.
According to data from CoinGecko, Kekius Maximus’ 24-hour trading volume reached $35.2 million, while its market cap surpassed $88.32 million following the price surge.
Kekius Maximus price chart. Source: CoinGecko
Interestingly, this isn't the first time Elon Musk has changed his Twitter name. In January 2023, Musk changed his name to Mr.Tweet.
I changed my name to Mr. Tweet, now Twitter won't let me change it back, Musk posted.
Musk once again changed his X profile to ‘Naughtius Maximus’ before reverting back to his original name.
Additionally, Elon Musk posted a meme depicting Doge last month. Although he directly referenced the Department of Government Efficiency, the meme asset Dogecoin also enjoyed a brief surge.
The article Musk changes name on X and manipulates Kekius Maximus by 500% appeared first on BeInCrypto Brasil.
