On December 31, 2024, local time, the world's richest man, Tesla CEO Musk, changed his nickname on the social platform X to "Kekius Maximus". Affected by this, a meme coin Kekius Maximus with the same name as Musk's new nickname rose sharply.
According to CoinGecko data, before Musk changed his nickname, the price of Kekius Maximus was around $0.0112. After changing his nickname, the price of Kekius Maximus soared, and on December 31, 2024, it increased by more than 9 times. On January 1, 2025, the price of Kekius Maximus continued to rise, reaching a maximum of $0.40. Currently, the price of Kekius Maximus fluctuates around $0.3495, with a total market value of more than $330 million, an increase of more than 3,000% compared to before Musk updated his nickname.
Early this morning, Musk changed his username on the X platform back to his original English name - Elon Musk.
Musk's sudden change of nickname has caused his 210 million "fans" to speculate about the significance of this mysterious new name - it is a mixture of an alternative right-wing symbol, a meme coin and the name of the protagonist of the movie (Gladiator). Musk also changed his profile picture to the image of the popular cartoon character "Pepe the Frog", which is dressed in ancient Roman costume and holding a video game controller. $PEPE