Elon Musk’s X Name Change Sparks 500% Surge for Kekius Maximus
Tesla CEO Elon Musk changed his name on the social media platform X to Kekius Maximus today, prompting the similarly named KEKIUS meme coin to explode shortly thereafter.
KEKIUS was trading at $0.08832 at press time, up 504% on the daily chart.
Musk’s Latest Antic Boosts KEKIUS
On Dec. 31, Elon Musk changed the name of his X handle to Kekius Maximus and also changed his profile picture. His profile picture now features Pepe the Frog holding a joystick and playing a video game.
“Kekius Maximus will soon reach level 80 in hardcore PoE,” Musk wrote on Twitter. Musk, who is a known meme coin aficionado, also retweeted a post that read, “Elon Musk is now Kekius Maximus.”
It seems traders are cashing in on Musk’s antics. A trader who bought KEKIUS at $1,964 two weeks ago now has a whopping $1.535 million in his hands, according to a crypto analyst on X.
“While Elon Musk changes his name to Kekius Maximus, an anonymous person who bought $1,964 of KEKIUS 15 days ago has now turned that into $1.535 million. Crazy 780X return. Dude is now the top holder (2.54%), cashed out $535,000 in profit and still counting,” the tweet read. According to data from CoinGecko, Kekius Maximus’ 24-hour trading volume reached $35.2 million, while its market cap surpassed $88.32 million after the price surged.