Elon Musk Ignites Pepe Rally and Frog-Linked Meme Coins
The Baby coin surged on Tuesday, and the momentum looks likely to continue on Wednesday. While attributed to a series of tweets from billionaire Elon Musk, CEO of Tesla, X and SpaceX.
Musk changed his X account name to "Kekius Maximus," using an avatar of the popular frog that is the symbol of several meme coins, including Pepe.
The name Kekius Maximus combines the name of the hero of the movie “Gladiator” with the term “Kek,” which is used as a substitute for “LOL” in the gaming and cryptocurrency communities. Additionally, Kekius Maximus is also the name of a meme coin, which rose in value by more than 1,000% after Musk changed his name.
Baby Coin and Other Frog-Related Coins Continue to Rise
Although PepeCoin is the most notable due to its high market cap, Musk has helped raise the profile of all meme coins associated with artist Matt Furie's frog, who created the character in 2005.
Musk continued to post tweets and photos, including one of Pepe the Frog dressed as a Roman warrior, accompanied by the caption "Brother in Arms."
With many traders away due to the year-end holiday, momentum is expected to build on Baby Coin and other meme coins as activity gradually returns, making 2025 a promising start for these coins.
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