Frog-Themed Meme Coins Retrace After Elon Musk Drops 'Kekius Maximus' Name On X

Benzinga

Tesla CEO and X Owner Elon Musk reverted to his original name after briefly adopting Kekius Maximus on December 31st. The name change had sparked a surge in frog-themed meme coins, including Kekius Maximus, which initially saw a meteoric rise in value. The trend reversed as Musk changed his X handle again, with Kekius Maximus dropping nearly 50% over the past 24 hours. The coin remains over 6,000% on its 7-day chart, with a $92 million market cap. Musk has previously boosted Dogecoin’s value through tweets.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla CEO and ex-owner Elon Musk reverted to his original name after briefly adopting Kikius

00:07Maximus on December 31st. The name change has sparked a surge in frog-themed meme coins,

00:13including Kikius Maximus, which initially saw a meteoric rise in value. The trend reverses

00:18as Musk changes his X handle again, with Kikius Maximus dropping nearly 50% over the past 24

00:23hours. The coin remains up over 6,000% on its 7-day chart with a $92 million market cap.

00:29Musk has previously boosted Dogecoin's value through tweets.

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