Musk's name change operation has turned the crypto space into a hellish battlefield.
Brothers, listen to me: Don't rush in; this sickle is sharper than a laser eye.
Based on on-chain data analysis, when he first changed the name to 'Kekius Maximus' on December 31 last year, the same named shitcoin violently surged 30 times to $0.35. As a result, he changed it back to the original name two days later, and the price plummeted by 90% in ten minutes. Now, five months later, he is doing the same operation, clearly indicating a harvesting cycle 2.0.
Three core logical points for everyone:
Whales have already set up a routine in advance: Eight hours before the name change, a mysterious address bought 18.15 million KEKIUS for $4,360, and after the name change, they sold at a high price for $5.65 million. This kind of insider operation also happened last December when a wallet bought low before the name change and then directly sold for a 3000% profit after the change. The current market consensus is that "Elon Musk's name change = whale harvesting signal", and following the trend will result in losses.
The narrative around meme coins has changed: Last year, KEKIUS surged using the story of 'Musk's true love for Pepe the Frog' to fool people, but now even Trump's camp has jumped out to criticize him for disrupting the market. Ironically, this time Musk changed his profile picture to Pepe the Frog in Roman armor, clearly trying to ride on the 'Kekistan' extreme-right meme. With political risks stacking up, this coin will eventually be targeted by the SEC; last year, the SEC sued him for similar operations.
Liquidity traps are showing: Don't be fooled by KEKIUS’s 900% rise in 24 hours and its market cap reaching $200 million; on-chain data shows that 99% of the chips are concentrated in five addresses. This depth can't even wash away a shitcoin pool; once Musk deletes a tweet, it can drop to zero in minutes. He has already changed the name back, and the price immediately plummeted 90%, clearly indicating that the project party and whales are jointly manipulating the market, specifically targeting the FOMO-driven retail investors.
Personal advice: If you really want to gamble, remember three points:
Only use profit funds to play, don't put in your principal.
Keep an eye on Musk's Twitter and set price alerts; you must run the moment he deletes a tweet.
For contract trading, use stop losses of over 50 times; this coin's volatility is even more thrilling than a casino slot machine.
To add a final truth: Musk's name change is not a trading signal; it's purely to promote his AI project Gork—he uses AI to generate Pepe the Frog images to test model performance, while crypto enthusiasts rush in with real money. Remember, in the crypto space, you think it's cognitive realization, but in fact, Musk is collecting your IQ tax with the cognitive gap.
If you want to dive deep into the crypto space but don't know where to start, and want to quickly understand the information gap, click on my profile picture and follow me for first-hand information and in-depth analysis!
