Elon Musk, famed for his market-shaking antics, changed his social media name to Kekius Maximus, sparking a 504% surge in the meme coin KEKIUS. Now trading at $0.08832, traders are seeing formidable returns.
Musk's change, featuring a new profile picture of Pepe the Frog, roped in excitement as KEKIUS's market cap hit $88.32 million. His connection to meme culture continues to mushroom the popularity of quirky coins.
For some traders, this was an unexpected windfall. One investor reportedly turned $1,964 into $1.535 million, realizing a 780X return.
Kekius Maximus-themed coins on other chains, such as Solana, also jumped in value, heralding discussions of a meme coin season. Is this a temporary trend or the start of something bigger?
