Recently, Elon Musk, the owner of X, changed his profile name to Kekius Maximus, and things took a major turn in the cryptocurrency world. A meme coin named kekius maximus (KEKIUS) exploded, skyrocketing by 1,500% in just one day.
KEKIUS skyrocketed 1,500% after Musk changed his name
The meme coin KEKIUS has garnered attention since Musk made the bold move to rename his X account. Almost immediately after, the value of KEKIUS soared. As of now, this coin has increased by 1,500% against the US dollar, currently trading at $0.16 each. At this price, KEKIUS has surged by 20,889% in just two weeks.
Thanks to the surge on New Year's Eve, the market capitalization of KEKIUS increased to $156 million, with 1,000,000,000 KEKIUS tokens in circulation. Minted on Ethereum, this coin is held by 12,788 addresses. MEXC is the largest holder, with 50,523,017 KEKIUS. The top 100 holders together control 52.75% of the supply, or 527,475,667 tokens.
The reason behind Musk's decision to rename his X account to Kekius Maximus remains a mystery, sparking much wild speculation. He even shared an article from the New York Post (NYP) in which a writer attempted to decode the meaning, and Musk responded with a playful "Kek" when he shared the article on X. This quirky move has certainly drawn attention to KEKIUS, and the NYP reporter even mentioned the coin in the article.
The KEKIUS website follows the typical meme coin aesthetic, with a logo combining the ancient Egyptian god Kek and a Roman gladiator theme inspired by Maximus Decimus. Naturally, Kek is represented by the famous frog Pepe. The website is minimalist, encouraging users to use Grok to create their own Kekius Maximus memes. As the meme coin continues to attract attention, its future remains quite uncertain, leaving many to wonder what will happen next for all these meme coins that make up their final wave in 2024.
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