Elon Musk, known for his influential presence on social media, made headlines on New Year's Eve by altering his X (previously Twitter) profile name to "Kekius Maximus" and changing his avatar to a depiction of Pepe the Frog in armor. This move highlights Pepe's iconic status in meme culture.
The impact of Musk's actions once again reverberated in the cryptocurrency market, as his endorsements or references often lead to fluctuations in digital asset values and market dynamics.