The crypto world witnessed a strange event when Elon Musk changed his name on the X platform to “Kekius Maximus” on December 31, 2024 🗓️, a name inspired by a meme cryptocurrency. The temporary name change led to an unprecedented surge in the currency by more than 1000% within hours ⏰, enabling one trader to turn a small investment of $66 💵 into $3 million 💰 in just 18 days!
According to data from Lookonchain 📊, the trader bought 10.17 million KEKIUS on December 14, 2024, and sold part of it for 60.3 Ether on January 1, 2025, after Musk changed his avatar. He made a massive 45,900x gain on his original investment, eventually earning $3 million 🚀.
KEKIUS, a combination of the popular meme character “Pepe the Frog” 🐸 and the hero “Maximus” from the movie Gladiator 🎬, was launched on December 13. By the end of the year, its market cap exceeded $11.4 million before peaking at $380 million 💹 on January 1, according to CoinGecko data.
After Musk returned to his original name and image, the market cap of the coin 🔻 dropped to $100.5 million. However, the coin still retains its appeal, with more than 23,600 wallets showing ownership of these tokens on the Ethereum network.