The Kekius Maximus memecoin (KEKIUS) experienced a significant crash, plummeting by 70% after Elon Musk reverted to his original name. This drastic fall followed a brief period where the Tesla CEO changed his identity, which had initially triggered a surge in KEKIUS's value.
CoinGecko's data indicates that the memecoin's price dropped from approximately $0.33 to $0.07 on Wednesday. This decline resulted in a reduced market cap, falling below $100 million and losing over $280 million in the process.
