if you are a poor person and you can't afford to lose money, itâs better to get out of the world of cryptos because you will lose everything. Am I telling you the truth? What we have here is a bunch of gambling addicts who love adrenaline and want to burn money and dream of becoming millionaires, but we know itâs not going to happen, well, those of us who have experience.
Elon Muskâs recent name change on X to "Kekius Maximus" has led to a dramatic 60% drop in the value of the Kekius Maximus token within just one hour. Following the name change, a significant holder of the token, identified as whale 0x820âŠ31cc, sold off a large portion of their holdings, making a profit of $2.3 million.
Musk updated his X profile to "Kekius Maximus" on Tuesday, alongside a new profile picture featuring Pepe the Frog in Roman attire holding a game controller. While Muskâs name changes sparked discussions, with some speculating about possible associations with far-right groups, he has yet to provide a direct explanation. The name "Kekius" is thought to reference both an ancient Egyptian god and the concept of laughter, while "Maximus" is a nod to the Gladiator movie character.
The change initially caused the KEKIUS token to skyrocket by over 900%, though it quickly plummeted as the whale sold off its holdings. Currently, the token is priced at $0.001399, experiencing an 83% loss in the last 24 hours, with trading volume down by 70%. The drop in value is widely attributed to Muskâs profile change.