A savvy crypto trader has made a whopping 45,906x profit thanks to a short-lived trend sparked by Elon Musk’s name change on X.

- According to Lookonchain, the trader invested 0.017 Ether (about $66) to buy 10.17 million of the meme coin Kekius Maximus (KEKIUS) on Dec. 14. Within 18 days, he sold 2.81 million KEKIUS for 60.3 Ether, or $201,000, while keeping 7.37 million KEKIUS worth about $2.85 million. Total profit? $3.05 million! 💰

- KEKIUS’s meteoric rise was fueled by Musk temporarily adopting the name “Kekius Maximus” and changing his profile picture to a Gladiator-style Pepe the Frog.

- However, not everyone is so lucky. Another trader, rektdolphin.eth, swapped 62 billion PEPE tokens for 4.23 million KEKIUS, only to see its value plummet to $290,000 in 12 hours.

What do you think about this meme coin trend? Let's discuss in the comments!