On Friday, the meme coin market witnessed explosive growth when Elon Musk unexpectedly changed his display name on his X account to 'Kekius Maximus.'
According to data from Tạp Chí Bitcoin, a token named Kekius Maximus ($KEKIUS) skyrocketed over 1,700% in less than six hours. Not only $KEKIUS, but other similarly named tokens also recorded impressive growth, ranging from two to three digits, thanks to a fresh wave of interest fueled by Musk's actions.
Notably, this is not the first time Elon Musk has used the name 'Kekius Maximus' on X. Previously, on December 31, 2024, he changed his name to this nickname, causing a meme token of the same name to skyrocket by an astonishing 1,200%. However, in this return, the original token only achieved a more modest increase of about 130%, according to recorded data.
What is Kekius Maximus?
'Kekius Maximus' is an interesting combination of Pepe the Frog – a globally famous internet meme – and Maximus, the legendary Roman general from the classic film Gladiator. This character embodies a blend of sarcasm and internet culture, a familiar style in Elon Musk's posts on the X platform.
As the CEO of Tesla and SpaceX, Musk frequently changes his display name on X, and has often created meme coin frenzies in the market.
For example, in February, Musk changed his display name to 'Harry Bōlz,' leading to the emergence of a series of Bōlz-themed tokens. These tokens quickly surged in price but also plummeted shortly thereafter, reflecting the short-term nature and high volatility of these meme coins.
https://tapchibitcoin.io/meme-coin-kekius-maximus-bung-no.html
