The Kekius Maximus (KEKIUS) memecoin has shown significant growth following changes made by Elon Musk in his profile, which he renamed back to Kekius Maximus. The token's price surged by 142% in just 24 hours.
Kekius Maximus Price Growth
The price of Kekius Maximus skyrocketed to $0.063, driven by a massive 500% increase in trading volume to over $50 million. Currently, KEKIUS is trading at $0.0466, which marks a 77% increase since the rally began.
Elon Musk's Impact on Crypto Market
Musk’s decision to change his profile name to Kekius Maximus once again drew attention to this memecoin. This is not the first time that his actions have influenced the market, as he has previously raised prices of tokens like Dogecoin.
Current Situation in the Memecoin Market
While KEKIUS is not among the top memecoins to watch, Elon Musk's influence has brought it back into the spotlight. The total market capitalization of memecoins now sits at nearly $69 billion, with Dogecoin and Shiba Inu also showing positive momentum.
The rise of Kekius Maximus illustrates that Elon Musk remains a significant figure in the crypto market. The question of whether KEKIUS can maintain its momentum remains unanswered.
