At press time, KEKIUS was trading at $0.08832, an impressive 504% increase in just 24 hours.
Musk not only updated his name, but also changed his profile picture to an image. pepe the frog I’m playing a video game. Musk, who is known to like meme coins, further fueled the fire by retweeting a post calling himself ‘Cecius Maximus’.
Traders quickly capitalized. One investor reportedly converted a $1,964 purchase two weeks ago into $1.535 million after the price surge. According to data from CoinGecko, KEKIUS’s 24-hour trading volume surged to $35.2 million, pushing its market capitalization past $88.32 million.
This isn’t Musk’s first playful name change. In January 2023, he briefly became ‘Mr. Trot’. Tweet it.” He joked that Twitter wouldn’t allow him to go back to his original name. He also adopted the nickname “Naughtius Maximus” at different points.
Musk’s influence on meme assets extends beyond KEKIUS. Last month he shared the following meme: DogecoinThis briefly increased the value of the coin.
The cryptocurrency world continues to closely watch Musk’s actions, as his unpredictable moves often lead to unexpected market changes.