Bitcoin price rose at the end of the US session, and Bitcoin is now trading at $98,239.0, up +1.06% in the last 24 hours. The market cap is now $1.95 trillion according to Investing data, and Bitcoin remains the most dominant with a market share of 56.1%, followed by Ethereum with a market share of 12.2%. It is worth noting that based on today’s closing price, Bitcoin is up +4.19% in the last seven days, while the most popular altcoin, Ethereum, is up +8.00% in the last seven days.

So far, Elon Musk has not commented on the reason behind this latest move. Interestingly, this is not the first time he has changed his digital identity on the platform. In previous occasions, he has called himself “Mr Tweet” and “Naughty Moniker,” and has also changed his tweet logo to an image of a Shiba Inu dog, the symbol of popular cryptocurrencies like Dogecoin and Shiba Inu.

Deal Analysis and Impact
Lookonchain, a cryptocurrency analytics platform, revealed that this investor had purchased around 18.15 million Kekius Maximus just 12 hours before Musk changed his profile. Musk later added a tweet saying that “Kekius Maximus will soon reach level 80 in PoE,” ​​which helped to boost its value significantly.

In the midst of a market crash, sometimes cryptocurrencies emerge that make huge gains despite the negative conditions. One such coin recorded a staggering 17,000% return for a single investor after its value skyrocketed in just one hour. What’s even more exciting is that billionaire Elon Musk played a major role in this story, leaving everyone in shock. Let’s take a look at the details and how Musk contributed to these huge returns.

Kekius Maximus is currently trading at $0.0007077 per ($KEKIUS/USD) with a live market cap of $693.42K. The 24-hour trading volume is $693.42K and the coin is -27.55323% negative. The circulating supply is 999.96M, Kekius Maximus is negative. 17 hours ago
Warnings for investors
An analyst tracking the trade had previously issued a warning to investors who got carried away by the KEKIUS wave, pointing out the speculative nature of the coin. Instead, the analyst advised investors to focus on more stable coins such as PEPE.

A smart crypto trader has made a staggering 45,906x return by taking advantage of a passing trend linked to Elon Musk’s temporary name change on the X platform.
According to analytics firm Lookonchain, the trader invested 0.017 ETH (around $66) to purchase 10.17 million KEKIUS on December 14. Over the next 18 days, the trader sold 2.81 million KEKIUS for 60.3 ETH, worth $201,000, while holding 7.37 million KEKIUS, worth around $2.85 million.

In the crypto market, the “big platform effect” has become very well known. As soon as Binance or Coinbase announces the listing of a new digital currency, the price of the digital currency rises at high rates immediately after the news spreads, and the opposite is true when announcing the deletion of a currency from trading.

Recently, amid mounting accusations and growing community concerns about possible corruption within Binance and leaks, Binance announced a reward of up to $5 million for information leading to the exposure of potentially corrupt employees.