In the past 24 hours, despite a general market recession, some tokens have moved against the trend and shown remarkable performance. Reports indicate that one of these digital currencies made a profit of 14,500% for a crypto trader after its price surged significantly within an hour. Interestingly, Elon Musk, the famous billionaire, played a significant role in this event, astonishing everyone. As previously reported by cryptocurrency news, Elon Musk today changed his name on the X network to Kekius Maximus, leading to a remarkable price increase in a digital currency with a similar name, KEKIUS. As a result of this remarkable surge, a crypto trader managed to profit over 14,500%. According to the analytical platform Lookonchain, this trader spent $4,360 to buy 18.15 million units of Kekius Maximus a few hours before Elon Musk’s move. A few hours later, the value of this meme coin increased, and the trader’s capital reached over $638,000 at the time of tracking this information. Elon Musk’s unexpected move surprised many, but remember, he is known for such marketing tactics and influencing the crypto market. He has not provided any explanation for his recent actions yet. At the time of writing this news, the price of the KEKIUS meme coin has reached $0.12 with over 800% daily growth. You can monitor the prices of all tokens and cryptocurrencies live on the instant price page.
