Recently, Elon Musk, the owner of X, switched his profile name to Kekius Maximus, and things took a wild turn in the world of crypto. A meme coin named kekius maximus (KEKIUS) has exploded, soaring by an eye-popping 1,500% in just one day.
Elon Musk’s ‘Kekius Maximus’ X Name Change Sparks KEKIUS Meme Coin’s Explosive Surge
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KEKIUS Soars 1,500% After Musk’s Wild Name Switch
The meme coin KEKIUS has captured attention ever since Musk made the bold move to rename his X account. Almost immediately after, KEKIUS’s value shot up. As of now, the coin has risen by 1,500% against the U.S. dollar, now trading at $0.16 per coin. At this price, KEKIUS has rocketed by 20,889% in just two weeks.
Thanks to its massive New Year’s Eve spike, KEKIUS’s market cap has climbed to $156 million, with 1,000,000,000 KEKIUS tokens in circulation. Minted on Ethereum, the coin is held by 12,788 addresses. MEXC is the biggest holder, with 50,523,017 KEKIUS. The top 100 holders together control 52.75% of the supply, or 527,475,667 tokens.
The reason behind Musk’s decision to change his X account name to Kekius Maximus remains a mystery, sparking wild speculation. He even shared a New York Post (NYP) article where a writer tries to decode the meaning, and Musk responded with a playful “Kek” when he shared the article on X. This quirky move has certainly drawn attention to KEKIUS, and the NYP reporter even mentions the coin in the piece.
The KEKIUS website follows the typical meme coin aesthetic, with a logo that combines the ancient Egyptian god Kek and a Roman gladiator theme inspired by Maximus Decimus. Naturally, Kek is symbolized by the famous Pepe the Frog. The site is minimalist, encouraging users to use Grok to create their own Kekius Maximus memes. As the meme coin continues to gain traction, its future remains pretty uncertain, leaving many wondering what comes next for all these meme coins making their final waves in 2024.
