Elon Musk, the CEO of Tesla, changed his name on the social platform X to ‘Kekius Maximus,’ leading to a remarkable increase in the price of a similar-named digital currency, KEKIUS. Market data shows this meme coin has reached $0.12 with over an 800% daily growth. On December 31st, Musk not only changed his name but also his profile picture to a Pepe frog playing with a joystick, tweeting, ‘Kekius Maximus will soon reach level 80 in PoE.’ Known for his interest in meme coins, Musk also retweeted a post stating, ‘Elon Musk is now Kekius Maximus.’ This name change resulted in significant profits for traders. According to a digital currency analyst on X, a trader who bought $1964 worth of KEKIUS tokens two weeks ago now holds assets worth $1.535 million, marking a 780x return. This trader has cashed out $535,000 of their profits and retained a portion of their assets. CoinGecko data shows KEKIUS’s 24-hour trading volume is around $65 million, with a market cap exceeding $126 million. This isn’t the first time Musk changed his name on Twitter. In January 2023, he became ‘Mr. Tweet’ and mentioned, ‘I changed my name to Mr. Tweet, and now Twitter won’t let me change it back.’ He also once changed his name to ‘Naughtius Maximus’ before reverting to his original name. Last month, Musk’s meme related to Dogecoin caused a short-term price increase in this digital currency. Visit the digital currencies’ live price page to track token and cryptocurrency prices in real-time.
