🚀 On December 31, 2024, Elon Musk once again shook up the crypto world. By changing his name on X (formerly Twitter) to "Kekius Maximus" and adopting a photo of Pepe the Frog as a gladiator, he triggered an unprecedented wave of speculation 🐸⚡. In a matter of hours, the memecoin "Kekius Maximus", newly created in tribute to this event, exploded by 200,000%, going from $0.00002 to $0.04 📈.
💡 But the real gem in this story is a visionary trader who knew how to sniff out a good deal. On December 14, 18 days before Musk made his move, he had bought 10.17 million Kekius Maximus tokens for just $66. When the hype peaked on January 1, he sold 2.81 million tokens for 60.3 ETH, or about $3 million 💸 (source: Journal du Coin). This exceptional gain, representing an increase of 45,900%, is the perfect example of what timing and a little luck can accomplish in the crypto world 🌟.
🎢 However, as is often the case with memecoins, the party was short-lived. A few days later, the price of Kekius Maximus dropped to $0.004, a reminder of the extreme volatility of this market 🌪️.
➡️ Moral: Betting on memecoins can sometimes pay off big 💰, but only the luckiest or most visionary really profit from it!
Source: Journal du Coin.