Saednews: Elon Musk’s change of name on X to “Kekius Maximus,” along with updating his profile picture to a meme of Pepe the Frog in Roman attire holding a video game controller, caused a major stir in the cryptocurrency market. Following this, the “Kekius” (KEKIUS) token saw its price surge by 500%.
According to SAEDNEWS: quoting from Arz Digital, Elon Musk, CEO of Tesla, changed his name on the social media platform X to "Kekius Maximus," which led to an increase in the price of a similar cryptocurrency called Kekius. At the time of the news release, the price of Kekius reached $0.08832, reflecting a 504% increase on the daily chart. Musk also changed his profile picture to Pepe the Frog.

This move caused a trader who had bought $1,964 worth of Kekius two weeks ago to now hold $1.535 million. The 24-hour trading volume of Kekius Maximus reached $35.2 million, and its market value surpassed $88.32 million. This is not the first time Musk has changed his name on Twitter. He had previously changed it to Mr. Tweet and Natius Maximus. Last month, Musk also caused a short-term increase in the price of Dogecoin by posting a meme.