Elon Musk recently switched his profile name to 'Kekius Maximus,' leading to unexpected developments in the cryptocurrency market. A meme coin called KEKIUS experienced a dramatic surge, skyrocketing by a staggering 1,500% within a single day. This highlights Musk's remarkable influence on the crypto world and meme coins, where even a minor name change can propel a coin’s value to unexpected heights.
The phenomenon underscores the volatility and unpredictable nature of the cryptocurrency space, where social media activity can lead to explosive price movements of digital assets.