Elon Musk has once again influenced the meme coin market, causing sharp price fluctuations. The meme coin Kekius Maximus (KEKIUS) initially surged by 4000%, only to drop by 60%. The rise was linked to Musk changing his avatar on the platform X. However, soon after, the price sharply fell. This highlights the importance of thorough research and cautious investments in meme coins.