Elon Musk's name change on X boosts Kekius Maximus memecoin by 900%

Elon Musk changed his handle on X to "Kekius Maximus," sparking speculation among his 210 million followers. This change led to a 900% surge in the value of a memecoin with the same name, which was trading under 20 cents before the update. Musk's new handle combines internet slang and historical references, but he has not provided an explanation. His profile picture also features Pepe the Frog in Roman attire, adding to the intrigue surrounding the change. The memecoin's dramatic rise raises questions about Musk's influence on cryptocurrency markets. While there is no direct link to the coin's creation, Musk's past actions have significantly impacted cryptocurrency values.