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Frog-themed meme coin KEKIUS noticed its worth go ballistic and surge over 753% within the final 24 hours after billionaire SpaceX and Tesla founder Elon Musk modified his X profile title to Kekius Maximus and up to date his profile image to a gladiator-styled Pepe the Frog.
With the current surge within the KEKIUS worth, the crypto was in a position to set a brand new all-time excessive of $0.1454 within the final hour. It has since retraced greater than 12% to commerce at $0.1153 as of 6:29 a.m. EST.
Dogefather Elon Musk Takes On A New Meme Coin Persona
Musk is not any stranger to the meme coin house. Through the years, he gained the nickname Dogefather for posting DOGE-related content material on X. Throughout a Saturday Night time Reside look, Musk additionally talked concerning the legacy meme coin in a skit.
In current months, Musk’s mentions of Dogecoin have been far and few. This was till he proposed a brand new authorities company referred to as the Division of Authorities Effectivity (DOGE), which, when abbreviated, completely aligns with the ticker image of the favored meme coin.
Lately, US President-elect Donald Trump introduced that Musk will head the DOGE division alongside Vivek Ramaswamy. Earlier than the proposed division can develop into an official authorities division, it should first be established by Congress.
Musk, who now goes by the X username Kekius Maximus, has not but given causes for the current adjustments to his profile. In the previous few hours, he has additionally began to share posts regarding Kekius Maximus and Pepe the Frog.
Kekius Maximus will quickly attain stage 80 in hardcore PoE pic.twitter.com/Cg5ttuqjvX
— Kekius Maximus (@elonmusk) December 31, 2024
Frog-Themed Tokens Soar, Will Wall Avenue Pepe Be Subsequent?
After Musk’s profile adjustments, the collective market cap for frog-themed meme cash jumped greater than 6%. KEKIUS was the most important gainer, whereas Keke (KEKE) and Child Purple Pepe (BABYPURPE) posted the subsequent largest 24-hour positive factors of 51% and 38%, respectively.
With the curiosity in frog-themed tokens, presale token Wall Avenue Pepe (WEPE) may gain advantage. The token has already raised greater than $38.5 million by its ICO, as traders guess massive on the mission’s future.
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