Musk's 'X' Account Changes Name to Kekius Maximus, Namesake Fans' Coin Soars More Than 30-Fold
On the last day of 2024, Tesla's CEO, Mr. Musk, suddenly renamed his X-account to "Kekius Maximus" and changed his avatar to the Minnie Mouse character "Pepe the Frog," sparking wild speculation among netizens and immediately impacting the crypto-currency world, with the Minnie Mouse coin of the same name soaring more than 30-fold within a day or so of his name change.
According to CoinGecko, a crypto trading platform, the price of Kekius Maximus (KEKIUS) was only about $0.01 before Musk changed the name of his X-account, but then the price skyrocketed to $0.3612, which is more than a 30-fold increase.
While it's unclear if the purpose of Musk's name change is related to the cryptocurrency or if it's just a coincidence, this isn't the first time Musk's social media posts have had a huge impact on cryptocurrency prices.He has also caused price turbulence for Bitcoin, Dogecoin, and other cryptocurrencies through his speeches and tweets on numerous occasions in the past.This situation once again highlights his significant influence on the cryptocurrency market.