Musk recently restored his X profile name to his original name, causing the Kekius Maximus memecoin to plummet in just a few hours. Previously, as Musk adopted the name, the price of Kekius Maximus skyrocketed, and its market value once exceeded 380 million US dollars. However, after Musk restored the profile, the price of the memecoin plummeted by 75%, and its market value shrank to 77 million US dollars.
During the price crash, one trader invested $66 and successfully pushed his paper profit to $3 million, but failed to cash out in time; another trader made a profit of $2.3 million before the price plummeted. Despite this, Kekius Maximus still has more than 24,000 holders, showing that there is still some market interest even if the price falls sharply.
This wave of fluctuations once again emphasizes the extreme speculation of the memecoin market and the huge impact of social media on the price of coins. To learn more about memecoin dynamics and potential investment opportunities behind the market, remember to follow Mr. Zhao! #比特币走势观察 #比特币战略储备 #马斯克改名 #马斯克概念 #memecoin🚀🚀🚀