On May 17, 2025, Elon Musk once again updated his X (formerly Twitter) profile, changing his name to "Kekius Maximus" and adopting a profile picture depicting himself in Roman battle armor . This move reignited interest in the $MEME coin $KEKIUS, leading to a significant surge in its value.
๐ The $KEKIUS Surge
Following Musk's profile update, $KEKIUS experienced a dramatic increase in price, with reports indicating a surge of over 1,200% . This isn't the first time Musk's online activity has influenced the crypto market; a similar pattern occurred earlier this year when he first adopted the 'Kekius Maximus' moniker, leading to a substantial rise in $KEKIUS's value .
๐ The Aftermath
However, the excitement was short-lived. When Musk reverted his profile name and picture back to their original state, $KEKIUS's value plummeted by over 60% within hours . This rapid decline highlights the volatility of $MEME -based cryptocurrencies and the significant impact of influential figures on their market performance.
๐ง Takeaway
Elon Musk's online persona changes continue to have a profound effect on the cryptocurrency market, particularly $MEME coins like $KEKIUS. While these events can lead to rapid gains, they also underscore the risks associated with investing in highly volatile assets influenced by social media trends.
