Elon Musk’s recent name change to “Kekius Maximus” on his social media platform X (formerly Twitter) has sparked widespread curiosity and debate. His 210 million followers were surprised to see not only the new name but also a profile picture of Pepe the Frog dressed in gladiator armor, holding a video game controller.
Source: X
While Musk remains tight-lipped about the reason behind this rebranding, it has already caused a ripple effect across various sectors, including gaming and cryptocurrency.
The term "Kekius Maximus" seems to be a playful blend of pop culture, mythology, and internet humor. Fans speculate that it draws inspiration from Maximus Decimus Meridius, the iconic gladiator from the 2000 film Gladiator, and the meme Pepe the Frog, often associated with internet subcultures. Pepe, despite its controversial past as a symbol linked to the alt-right, has been repurposed in Musk's new avatar, blending elements of gaming and internet humor.
Elon Musk's cryptic tweet, “Kekius Maximus will soon reach level 80 in hardcore PoE,” alludes to his interest in the video game Path of Exile 2. This suggests that the name change may also be tied to Musk's gaming hobbies. His playful use of the term “Kek,” an internet meme rooted in gaming communities, further reinforces this theory.
Musk’s unexpected move had immediate consequences in the cryptocurrency market. Meme-based cryptocurrencies like the Kekius Maximus token and Kekius Maximus coin saw explosive surges in value. Kekius Maximus (KEKIUS), the actual meme coin recorded a surge of 160% in a day, currently standing at $0.3485 with $337,690,691 in market cap and $162,513,382 in 24-hour trading volume.
Source: CoinGecko
Apart from this, other tokens with similar names also recorded a price spike. The price of Kekius Maximus (KEKIUS) tokens surged significantly due to recent changes. The primary KEKIUS token saw a 563% increase in a day, reaching $0.0008437 with a market cap of $843.64K and a 24-hour trading volume of $883.02K.
Another variant of Kekius Maximus ($KEKIUS) spiked from $0.00000000001214 to an all-time high of $0.00000000008072 following Musk's action. This token is now trading at $0.00000000001348, with a market cap of $474.07K and a 24-hour trading volume of $5.71M.
The sudden spike in these Elon Musk X tokens’ values is reminiscent of Musk’s past influence on digital assets like Dogecoin. While Musk has not confirmed any direct involvement with these tokens, the association was enough to trigger market frenzy.
In true Musk fashion, his move has kept fans and critics guessing while fueling speculation across Elon Musk Twitter news and crypto communities alike. Whether it’s a clever marketing ploy or just Musk having fun, the world is watching keenly.
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