Elon Musk’s Name Change Sparks $3 Million Gain For KEKIUS Memecoin Trader

Elon Musk's brief name change to "Kekius Maximus" on X sparked a massive surge in the Kekius Maximus memecoin, according to blockchain analytics firm Lookonchain. One trader turned a $66 Ether investment into a $3 million gain in just eighteen days. The trader purchased over 10 million KEKIUS tokens on December 14th and sold over 2 million for nearly 60 Ether on Jan. 1st, resulting in a more than 45,000-fold increase. KEKIUS is a meme fusion of Pepe the Frog and Gladiator's Maximus. It saw its market cap soar to $380 million before falling back to more than $100 million.