New Kekius Meme Coins Explode 1,337% as Wall Street Pepe Nears $50M Raised at ICO

Amidst a downturn in the prices of established cryptocurrencies, several new Pepe-inspired meme coins experienced remarkable gains on Friday.

Kekius Maximus (kekius-maximus.info) and Wall Street Pepe are among the meme coins that have attracted attention during this period.

Kekius Maximus Surges 1,337% on Base Network

Following Elon Musk’s X profile makeover earlier this month, several new meme coins were launched, drawing inspiration from Musk's alter ego Kekius Maximus and Pepe the Frog.

The first of these tokens was launched in early December, around the time Musk initially posted about Kekius Maximus. At its peak, as Musk’s profile revamp made headlines, the token reached a market cap of around $400 million.

However, its price quickly plummeted once Musk retracted his alter ego and changed his profile picture back.

Despite this setback, traders continued to speculate on Kekius Maximus meme coins. On Friday, one version of the coin provided investors with potential life-changing gains.

A Base network version of Kekius Maximus soared by 1,337% in the past 24 hours, reaching a market cap of $10.5 million. Its position on the Base network may be advantageous as the meme coin sector on Base lags in comparison to adoption in other areas, such as AI.

The rising token price indicates that Base investors are eager for exposure to a Pepe-themed meme coin.

At the time of writing, Kekius Maximus (kekius-maximus.info) trades at $0.00005697 with a 24-hour trading volume of $9 million. It also ranks as the fifth most-trending cryptocurrency on CoinMarketCap.

New Kekius Maximus Tokens Face Challenges

CoinMarketCap lists 11 different meme coins with the name KekiusをかかげるKekius Maximus. In total, hundreds, if not thousands, of these tokens have been launched on Solana meme coin casino Pump.fun.

This mass-production highlights the inherent challenge faced by many meme coins: they are easily replicated.

There is nothing inherently special about the 11th Kekius Maximus token. Investors are aware of this and will likely be poised to hit the sell button quickly, ready to take their profits at the first sign of trouble.

It seems highly unlikely that this new version of Kekius Maximus will stand the test of time, especially considering that early movers in the meme coin space tend to reap the most rewards—like the first Kekius Maximus, for example.

As a result, traders seeking a more stable and potentially long-term position may choose to consider other narratives. One such narrative is embodied by Wall Street Pepe, the first Pepe-themed token to build its own trading insights ecosystem.

Wall Street Pepe Eyes $0.005 Target After Raising $45 Million in Presale

Investors can currently purchase Wall Street Pepe at a fixed presale rate before it hits the open market. This strategy ensures a decentralized token distribution, giving all investors an equal opportunity to buy before the token’s price potentially explodes on exchanges.