Influenced by Musk changing the X nickname, KM's market cap surged over 12,600%, briefly exceeding 45 million USD.

BlockBeats news, on December 31, according to GMGN market data, influenced by Musk changing his X nickname to Kekius Maximus, the Meme coin Kekius M (KM) on the Solana chain surged over 12,600%, with its market cap briefly exceeding 45 million USD, and the coin price currently reported at 0.032 USD.

BlockBeats previously reported that Musk changed his X profile picture to Pepe and his nickname to Kekius Maximus.

BlockBeats note: 'Kek' is a term in internet meme culture, originally derived from exchanges among players in (World of Warcraft), and later closely associated with meme images like Pepe the Frog, becoming a symbol of a subculture on the internet. 'Maximus' is Latin for 'greatest' or 'largest,' commonly used in the titles of ancient Roman generals or heroes. The image of Kekius Maximus is that of an ancient Roman general standing in a coliseum.