May 18, 2025 12:05
Elon Musks latest profile name change on X has sent ripple effects through the crypto market yet again. After swapping his profile to Kekius Maximus with a Romanstyle frog avatar, the memeinspired token tied to that name shot up by almost 120% in just 24 hours. Based on Binance data, traders saw KEKIUS climb from an average of 0.025 to 0.0502 overnight. Related Reading: Price Down, Bets Up: Dogecoin Open Interest Climbs To $1.62 Billion Musk Sparks Another Frog Coin Surge According to reports, this isnt the first time Musks socialmedia tweaks have moved meme coins. Last December, he adopted the same name and a goldenarmored Pepe image. That move drove KEKIUS nearly 500% higher in a single day before prices tumbled back. His followers treat each change like a buy signal. They pile in fast when they see a new profile name. Then many scramble to exit once the hype dies down. is news by the people for the people. Seeking truth, but always self-critical. Kekius Maximus (@elonmusk) May 15, 2025 Price Jumps 119% In A Day Binance figures show the tokens value leapt 119% within 24 hours of Musks latest switch. CoinMarketCap data confirms it hit 0.0502 at the peak, up from about 0.025 just a day earlier. That level is still far below its initial launch price last year. At one point, speculators were paying 0.25 for a single KEKIUS token before the first big crash. History Of Kekius Maximus Name Kekius Maximus blends several things at once. Kek started as gamer slang for laughing. It also links back to an Egyptian frogheaded god of chaos. Maximus echoes the gladiator hero from a famous movie. The token itself runs on both Ethereum and Solana blockchains. Creators say they wanted to mix memes, myth and pop culture. But theres no big tech behind itjust a playful mashup that reacts to Elon Musks mood swings. Risky Ride For Investors Based on reports, this pattern shows just how wild crypto can get when a celebrity is involved. These tokens offer no real product or service. They live or die on hype alone. When the profile name flips back, they often collapse. Traders who jump in at the peak can face heavy losses. Regulators have flagged such pumps as a concern. They warn that celebrity chatter can mask the true risk under the surface. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month A Wider Trend In Meme Tokens Earlier this month, Musk tried a different nameGorklon Rustand a related coin, GORK, doubled in value. That name combined his AI chatbots name with a programming language used by Xs engineers. Again, traders treated it like an open invitation. GORK saw a 100% spike in 24 hours. But it then gave most of that back when the novelty wore off. What To Watch Next Investors who follow these moves need to stay alert. Such jumps can happen without warning, and they can reverse just as fast. Some see them as shortterm bets, almost like casino plays. Others treat them as entertainment. Either way, its clear that Musks profile choices remain a powerful crypto driver. And for many tokens, that power can vanish as quickly as it appears. Featured image from Gemini Imagen, chart from TradingView
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