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4mo ago

Elon Musk's 'Kekius Maximus' Persona Triggers New Memecoin Surge

The tech mogul's return to the meme-inspired avatar on X has driven a triple-digit spike in the KEKIUS token, highlighting ongoing volatility in the crypto market.

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Elon Musk has adopted the name Kekius Maximus for the second time. He last changed his name on X in December 2024.
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Overview

  • Elon Musk updated his X profile name to 'Kekius Maximus' and changed his avatar to an armored depiction of the persona, sparking renewed interest in the KEKIUS memecoin.
  • Following Musk's profile update, the KEKIUS token's value surged by over 145% initially and peaked at a 273% increase, according to CoinMarketCap projections.
  • KEKIUS operates on Ethereum and Solana blockchains and has gained traction on major crypto exchanges like Gate.io and MEXC.
  • Musk's previous adoption of the 'Kekius Maximus' persona in December 2024 and January 2025 also led to dramatic price spikes, followed by significant crashes when he reverted his profile.
  • The phenomenon underscores the influence of celebrity actions on cryptocurrency markets and raises questions about the sustainability and regulation of meme-driven tokens.