Elon Musk’s profile update to ‘Kekius Maximus’ causes 900pct surge in this crypto memecoin price

Elon Musk’s profile update to ‘Kekius Maximus’ causes 900pct surge in this crypto memecoin price
HIGHLIGHTS

Elon Musk, the CEO of Tesla and SpaceX, recently caused a stir online after changing his handle on X (formerly Twitter) to 'Kekius Maximus.'

The most significant impact of Musk's change came in the cryptocurrency world.

A memecoin named 'Kekius Maximus' saw its price skyrocket by over 900 percent.

Elon Musk, the CEO of Tesla and SpaceX, recently caused a stir online after changing his handle on X (formerly Twitter) to ‘Kekius Maximus.’ This unexpected move left his massive following of over 210 million users curious. Musk has yet to explain the reason behind the change, leading to a flurry of speculation.

The name, ‘Kekius Maximus,’ seems to blend internet culture with a nod to ancient history. The first part, ‘Kekius,’ is likely a play on ‘kek,’ an internet slang term used similarly to ‘lol’ (laugh out loud), popular in online gaming and certain internet communities. The second part, ‘Maximus,’ references the famous Roman general Maximus Decimus Meridius. .

Musk had also updated his profile picture, replacing it with an image of Pepe the Frog dressed as a Roman soldier, holding a video game joystick. Pepe, originally a harmless cartoon character, has been adopted by various internet subcultures and, at times, controversial groups. By pairing it with Roman attire and a joystick, Musk seems to be mixing gaming culture, historical references, and meme humour.

Also read: Elon Musk’s X profile gets a meme makeover, changes name to Kekius Maximus

However, the most significant impact of Musk’s change came in the cryptocurrency world. A memecoin named ‘Kekius Maximus,’ saw its price skyrocket by over 900 percent. Before Musk’s update, the coin was trading for less than 20 cents. Within hours of the profile change, its value surged dramatically, drawing attention to the potential link between Musk’s online activities and the rise of memecoins.

While Musk has not commented on his involvement with the ‘Kekius Maximus’ coin, his past influence on cryptocurrency markets—especially with Dogecoin—makes it hard to ignore the connection. His social media presence has been known to drive major price fluctuations in digital currencies. This latest episode raises questions about the role of memes and online trends in shaping financial markets, as well as Musk’s influence on them.

Ayushi Jain

Ayushi Jain

Tech news writer by day, BGMI player by night. Combining my passion for tech and gaming to bring you the latest in both worlds. View Full Profile

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