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When Elon Musk modified the title of his X profile to Kekius Maximus not too long ago, it helped a fortunate dealer flip $66 into $3 million buying and selling the meme coin.
The dealer bought 10.17 million of KEKIUS on December 14. Eighteen days later, the dealer offered 2.81 million of the tokens for 60.3 Ether, leading to a large 45,900x achieve, Lookonchain posted on X:
Turned $66 into $3.05M in simply 18 days, a forty five,906x return!
This dealer spent 0.017 $ETH($66) to purchase 10.17M $KEKIUS and offered 2.81M $KEKIUS for 60.3 $ETH($201K), leaving 7.37M $KEKIUS($2.85M).
The entire revenue is $3.05M.https://t.co/gx6E6yFQcz pic.twitter.com/rFrsNjCqvt
— Lookonchain (@lookonchain) January 1, 2025
The KEKIUS meme coin was launched on December 13, accumulating a market cap of $11.4 million by December 31. When Musk modified his profile title and picture on X to “Kekius Maximus,” referencing a Pepe-Gladiator meme, the token went parabolic, hitting a $380 million market cap on January 1, in accordance with CoinGeko.
Brothers in Arms pic.twitter.com/vIZ8ADrXbo
— Elon Musk (@elonmusk) December 31, 2024
Kekius Maximus (KEKIUS) is a mixture of the web meme Pepe the Frog and Maximus Decimus Meridius, the protagonist of the 2000 movie Gladiator.
Elon Musk additionally revealed an AI-generated picture of Pepe the Frog making ready for the battle within the historical Colosseum in Rome. One of many AI posts with Pepe the Frog received 48.2 million views on X, serving to drive the KEKIUS meme coin rally even increased.
Frog-Themed Meme Cash Profit
Different frog-themed meme cash additionally had been boosted by the hype across the growth, with new presale Wall Road Pepe (WEPE) among the many beneficiaries. WEPE is a blockbuster presale that’s raised virtually $40 million in document time as merchants purchase into the thought of a platform that gives skilled market buying and selling recommendation to assist them beat secretive whale traders.
One other gainer was Pepe Unchained (PEPU), the standout meme coin presale of 2024 after it raised $74 million earlier than exploding on launch.
Elon Musk Adjustments Moniker Again
Nevertheless, after Musk modified his title again to its authentic moniker right this moment, Jan. 2, Kekius Maximus noticed its market cap plunge to $128 million.
This hasn’t stopped many traders from persevering with to carry their tokens. Over 23,600 traders nonetheless maintain KEKIUS tokens, in accordance with CoinGecko.
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