The Ethereum-based KEKIUS market cap exploded to $380 million on Jan. 1 before falling to $100 million after Musk changed his profile name and photo back.
Elon Musk’s brief name change on X to “Kekius Maximus” — a reference to a Pepe-Gladiator meme — has seen one lucky memecoin trader turn $66 of Ether into as much as $3 million in just 18 days.
The trader bought 10.17 million of the Kekius Maximus (KEKIUS) memecoins 18 days ago on Dec. 14 and sold 2.81 million of the tokens for 60.3 Ether (ETH) on Jan. 1 while holding the rest — marking an eye-popping 45,900-fold paper gain, blockchain analytics firm Lookonchain said on X.
Source: Lookonchain
