A new memecoin Kekius Maximus has occupied the trend space on crypto since Tuesday as Elon Musk changes his display name and picture to the icon
Elon Musk has changed his display name and picture on X to Kekius Maximus, the icon of a memecoin that has surged over 500% in hours.
The internet meme, which seems to be a fusion of Pepe The Frog character and Maximus movie character from the film Gladiator, is now trending on crypto after Musk changed his handle.
According to CoinGecko data, the memecoin Kekius Maximus (KEKIUS) has spiked over 500% in hours. Not only this memecoin but several other Kekius-themed memecoins have also taken the stage with rising over 200% despite being launched few hours ago.
Kekius Maximus will soon reach level 80 in hardcore PoE pic.twitter.com/Cg5ttuqjvX
Musk, who is now better known for posting memes and communicating with random users on X, has changed his handle to Kekius Maximus. This name is a reference to the popular internet meme, which is based on the character Maximus Decimus Meridius from the film Gladiator.
While this name may only seem like a gimmick to the average person, those deeply involved in the crypto space will likely recognize the connection between Kekius Maximus and the memecoins that are typically named after internet memes. In fact, it wouldn’t be surprising to find several Kekius Maximus-themed memecoins in the crypto wallets of those engaged in the space.
One trader, who bought KM – another Kekius Maximus-themed memecoin – three weeks ago, has managed to turn their initial investment of $434 into an impressive $167,000 as the memecoin spiked over 14,000% on Monday. Another trader turned their $16,500 into $644,900 in the memecoin.
These types of surges are not uncommon in the crypto space, especially for memecoin investors. Some people have managed to generate generational wealth overnight with minimal capital. This sudden spike in KEKIUS may also mark the return of memecoin season in the market.
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