Musk's X renamed to Kekius Maximus: KEKIUS surged by 1500%
Recently, Elon Musk, the owner of X, changed his personal profile name to Kekius Maximus, causing a seismic shift in the world of cryptocurrency. A meme coin called Kekius Maximus (KEKIUS) exploded, soaring 1500% in just one day.
The meme coin KEKIUS skyrocketed after Musk made the bold move of renaming his X account. Shortly after, the value of KEKIUS surged. The exchange rate of KEKIUS to the dollar has risen by 1500%, with the current trading price at $0.16 per coin. At this price, KEKIUS has soared by 20889% in just two weeks.
KEKIUS price against ETH on December 31, 2024
Due to the surge on New Year's Eve, as of the time of writing, the market value of KEKIUS has risen to $195 million, at a price of around $0.19.
There are 1 billion KEKIUS tokens in circulation. The coins were minted on Ethereum, and there are 12,788 addresses. MEXC is the largest holder, with over 50 million KEKIUS. The top 100 holders collectively control 52.75%, which is over 520 million tokens.
The reason Musk decided to change his X account name to Kekius Maximus remains a mystery, sparking frenzy speculation. In a shared article by a writer from the New York Post (NYP) attempting to interpret its meaning, Musk responded with an amusing 'Kek' when sharing the article on X. This strange move undoubtedly drew attention to KEKIUS, and a New York Times journalist even mentioned the coin in the article.
The KEKIUS website follows the typical meme coin aesthetic, with a logo inspired by the ancient Egyptian god Kek and Roman gladiator themes from Maximus Decimus. Naturally, the symbol of Kek is the famous frog Pepe. The website is minimalist, encouraging users to create their own Kekius Maximus memes using Grok.
As meme coins continue to evolve, its future remains uncertain; where the meme market will head in 2025 is anyone's guess, and we can only watch how the market develops.
(Article written and organized by Gold from Alaska, likes, follows, and comments are welcome)