Memecoin rises: Elon Musk's name change caused 736% rise

Memecoin rises: 736% rise caused by Elon Musk’s name change

Elon Musk’s name change caused 736% rise Kekius Maximus (KEKIUS) Memocoin #rose 736% after #Elon Musk’s name change. This trader turned $1,964 into $1,535 million in just 15 days. Despite the huge trading volume, market analysts warn of volatility. Tesla and SpaceX CEO Elon Musk online. And raised eyebrows again. Musk changed his profile picture to Pepe, a #meme depicting a frog in a warrior costume and holding a joystick. Meme coins reacted to Musk’s recent speech in their own way. This move caused a stir on the #cryptocurrency market, and the price of Kekius Maximus soared more than 736% within a few hours. Kekius Maximus (KEKIUS) is another memcoin that has not attracted much attention in the market. Over the past 24 hours, its value rose more than 736% thanks to Musk’s actions. the value rose from $0.009673 to $0.1139, with a trading volume of $52.86 million and a market capitalization of more than $101.5 million, indicating that both small and large investors participated in the action. This event was an important milestone in the company’s history. This event highlights that Mr. Musk continues to influence the market with his actions. Musk’s manipulation of Mimcoin led to the emergence of billionaires in a matter of days. One trader is rumored to have started with $1964 and made $1,535,000 in just two weeks, meaning profits increased 780 times. This person now owns 2.54% of KEKIUS shares and has already made a profit of $535,000 by holding most of the tokens. Another trader invested US$434 in Kekius Maximus-themed Mimcoins and cashed out US$167,000. The $167,000 was a 14,000% profit. Such measures have only fueled the excitement, and more and more speculators are entering the market. However, such rapid growth, of course, is accompanied by dangers.

Moreover, something similar happened last year.

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