According to the recently reported information, centi-billionaire Elon Musk changed his name over X from Elon Musk to ‘Kekius Maximus’ and also replaced his profile picture with the image of the character Pepe the Frog, a meme.
Following Musk’s move, Kekius Maximus’s market capitalization and trading prices grew to unprecedented heights.
The beginning of 2025 helped Kekius Maximus and its Investors to book significant profits with a tiny investment.
In the last hours of the 31st night, the recorded market capitalization of Kekius Maximus was $11,461,102. Yet when the clock hit the first day it started growing, and at one point in the session, it was highest recorded at $380,187,306, roughly a growth rate of 3225.61 percent.
Source: TradingView
In the same time frame, the trading volume was recorded for $4687967 which grew to $172,710,006 registering a massive growth of 3581 percent.
Musk once again changed the name and profile picture!
Soon after the change in user name from Musk and profile picture, the market was flooded with news and speculations. Some argued that the Tesla owner is the owner of Kekius Maximus, while others said these are the board members. Yet there is no official information about Elon’s direct involvement in Kekius Maximus.
Source: Changed name and picture from X
It is worth noting that this is not the first time Elon publicly did such activities to directly or indirectly influence the prices of some blockchain-based currency and related products.
On several events, he has been accused of promoting Dogecoin and a few other cryptocurrencies, most recently Musk and Vivek Ramaswamy have been appointed to head a new department under the administration of Donald Trump, who will be serving as the 47th president of the United States.
‘Kekius Maximus’ fell after the change in name and profile picture
Soon after change in the change in username and picture back to Elon Musk the price of ‘Kekius Maximus’ fell at a greater pace with writing it was trading at $0.117 with a decline of 57.7 percent and at the same time market capitalization was $116,984,782, trading volume was $351,125,483.
In the past 24 hours, some majority profit booking events have been reported, as per data available on blockchain an individual trader has made $3 million from a nominal investment of $66.
Crypto Market Price Updates
Until publishing the cryptocurrency market capitalization was $3.37 trillion with an addition of 3.08 percent and trading volume was $104.31 billion with a decline of 1.65 percent.
Bitcoin added 2.32 percent to its prices, trading at $95,674 and Ethereum grew 2.24 percent reaching $3,411, XRP has added 10.82 percent to $2.36.
Despite wider bullishness cryptocurrencies like Bitget Token which lost 2.22 percent reaching $5.98 followed by Monera trading at $193.41 with a decline of 1.15 percent,
DeFi’s current total volume is $8.59 billion, or 8.22% of the 24-hour volume of the whole cryptocurrency market. All stable coin volume is currently $96.09B or 91.93% of the 24-hour total volume of the cryptocurrency market.
