Kekius maximus meme coins for Ethereum and Solana plunge after El Musk changed his profile photo.
Kekius Maximus: a meme-coin on EthereumETHMusk had removed the character’s avatar from his X profile name on Jan. 2, after which its value dropped to $380 million.
Kekius Maximus is an Ethereum-based token that launched on December 14th as a mix of pop culture and crypto jargon. “Kek” It is also used as a slang term to describe something absurd or humorous. “Maximus” Maximus Decimus Meridius was the title character of Ridley Scott s Gladiator (2000).
Musk adopted briefly the Kekius Maximus title for his X Page, referencing in a tweet about video games and then again at New Year’s Eve. Kekius Maximus’ Ethereum-based token rose from $0.01 up to $0.39, thanks to all the attention.
Kekius Maximus dropped to $0.07, with a market cap of $77,000,000 shortly after traders discovered Musk’s new social media posts. This is according to DEX Screener. Solana tokens are copycats (SOLAs the buzz faded, ) collapsed. Musk stated that the name switch was done to concentrate on U.S. pressing issues following the explosion of a Tesla Cybertruck outside the Trump Hotel Las Vegas.
Kekius Maxmus Winners
As with many meme coins, Kekius Maximus turned some early investors into millionaires—at least on paper. Although not all the holders of Kekius Maximus realized profits before the token price crashed, some did.
Another trader, however, missed out on an incredible 45,906% return. User bought Kekius Maximus worth $66 but booked $201,000. LookOnChain data confirmed The investor would have earned $3 Million instead
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Source: crypto.news
