Elon Musk has renamed Twitter again, this meme coin has more than doubled!

Elon Musk's profile name change to X again to 'Kekius Maximus' caused the price of the Ethereum-based meme coin KEKIUS to increase by more than 100% in one day.

Elon Musk has once again captured the attention of the crypto world by changing his username on X (formerly Twitter) to 'Kekius Maximus' on Friday, May 17. This change led to a rapid increase in the price of the Ethereum (ETH) based meme coin KEKIUS by more than 100%. This is yet another example of how Musk's actions on social media impact cryptocurrency markets.

KEKIUS was launched five months ago on the Ethereum and Solana blockchains. Initially, the coin attracted attention due to Musk's use of the same name in the last days of 2024, when it reached a market capitalization of 380 million dollars with an increase of more than 900%. This time, the price rose to about 0.055 dollars, while the fully diluted market capitalization is estimated at 55 million dollars. The trading volume over the past 24 hours was about 37 million dollars.

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