Dogecoin (DOGE): The Original Meme Coin Elon Musk has been a key driver behind Dogecoinâs (DOGE) rise. Often calling it "the people's crypto," his tweets have led to major price surges. In April 2021, a tweet about "Doge Barking at the Moon" significantly boosted DOGEâs value. Musk further fueled its growth by announcing Tesla would accept DOGE for merchandise payments.
Kekius Maximus: A Temporary Sensation On New Yearâs Eve 2024, Musk renamed himself "Kekius Maximus" on X (formerly Twitter), referencing Pepe the Frog. This action caused the Kekius Maximus meme coin to surge over 900%. However, the price plummeted by 90% once Musk reverted his avatar, demonstrating the volatility of such tokens.
CumRocket (CUMMIES): A Brief Boost In January 2025, Musk shared a meme that caused the value of CumRocket (CUMMIES), an obscure meme coin, to jump 429%. This incident showcased Musk's continued ability to move markets with minimal effort.
Meme Coin Market Impact Muskâs influence has significantly boosted the meme coin market, which grew from $20 billion to $120 billion in 2024. While early investors in these coins have seen huge gains, analysts warn that the market is speculative and volatile, often leading to losses for others.
Conclusion Elon Muskâs involvement with meme coins like DOGE, Kekius Maximus, and CumRocket highlights the outsized impact public figures can have on crypto valuations. While his actions have brought attention to these coins, investors should remain cautious due to the unpredictable nature of the market.
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#Monky Binance Has Completed the Wise Monkey (MONKY) Airdrop Distribution to FLOKI (FLOKI) and ApeCoin (APE) Binance Users, Binance has completed the airdrop distribution of Wise Monkey (MONKY) to holders of FLOKI (FLOKI) and ApeCoin (APE). Users can view their token distribution history here.
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