Elon Musk, CEO of Tesla, changed his name on the social media platform Twitter to Kikious Maximus, causing a surge in the price of a similar digital currency named Kikious. The price of Kikious reached $0.08832 at the time of the announcement, indicating a 504% increase in the daily chart. Musk also changed his profile picture to a frog. This action by Musk resulted in a trader who had bought $1,964 worth of Kikious two weeks ago, now holding $1.535 million. The 24-hour trading volume of Kikious Maximus has reached $35.2 million, and its market value has exceeded $88.32 million. This is not the first time Musk has changed his name on Twitter. He had previously changed his name to Mr. Tweet and Nautilus Maximus. Last month, Musk caused a short-term price increase in Dogecoin by posting a meme.
Elon Musk's name change on Twitter causes a surge in Kikious digital currency. Learn about the impact and market value increase in this update.