Recently, Elon Musk briefly changed his name on social network X to “Kekius Maximus.” According to the BBC’s explanation, “Kekius” appears to be a Latinization of “kek”, an expression used in place of “lol” among gamers, and which can be associated with the far right. “Maximus” appears to come from the Gladiator character Maximus Decimus Meridius. The Tesla boss also replaced his profile image with Pepe the Frog wearing a Roman military uniform and holding a video game controller.
The value of a crypto soars
Before this change of nickname, Musk wrote on his profile: “Kekius Maximus will soon reach level 80 in hardcore PoE”. PoE is the abbreviation of “Path of Exile 2”, the title of a video game in which the boss of Tesla is said to be a player. But, in any case, the name change to X caused the value of a cryptocurrency called Kekius Maximus to take off. According to the Coingecko website, it was worth $0.01 on December 31, before soaring to reach a maximum of $0.38 on January 1.
Since then, Elon Musk has changed his name and profile photo. And the value of the Kekius Maximus memecoin has fallen sharply. At the time of writing this article, it is worth $0.13. According to Coingecko, this still corresponds to an increase of 9944.1%, compared to its value 7 days ago.
In any case, this is not the first time that Elon Musk has a influence on the value of a cryptocurrency.
- Elon Musk briefly replaced his name on social network X with “Kekius Maximus” and changed his profile picture
- This caused the value of a crypto to rise (and then fall)
- However, this crypto still has an increasing value compared to its value 7 days ago
