look news india
Elon Musk, one of the world’s most talked about tech entrepreneurs, is known for his unique antics. Recently, he changed his name to ‘Kekius Maximus’ on the social media platform X, which created a stir among his millions of followers. This move by Musk has created an uproar not only on social media, but also in the cryptocurrency market.
Meaning of Kekius Maximus
The name Kekius Maximus is inspired by internet culture and memes. The name combines two important references: first, “Pepe the Frog,” which is a popular Internet meme and symbol of humor and satire. Second, the Maximus character from the movie “Gladiator,” who represents power and influence. Along with this, there is also a crypto token based on this name ‘KEKIUS’, which operates on blockchain platforms like Ethereum and Solana.
KEKIUS cryptocurrency boom
After Musk’s renaming, the price of KEKIUS token saw a tremendous increase. According to reports, the value of the KEKIUS token increased by 500% within hours of Musk’s renaming. According to data from CoinGecko, KEKIUS currently has a market capitalization of more than $85 million, and the token price reached $0.09274 on December 31, 2024.
Musk’s impact on crypto market
Elon Musk is often credited with major changes in the crypto market. His tweets and social media activities have brought meme cryptocurrencies like Dogecoin into the spotlight. In the case of KEKIUS too, their new identity has attracted the attention of investors.
Memecoin season returns?
With the growing popularity of KEKIUS, other meme-based cryptocurrencies have also seen a surge in prices. Experts believe that this could be a sign of the return of memecoin season in the crypto market. This action of Musk has injected new enthusiasm into the crypto market.
