- Musk’s “Kekius Maximus” name change sparks a 12% surge in PEPE coin value.
- December 10 X post links Pepe meme to Path of Exile and Gladiator 2, fueling crypto buzz.
- Musk’s social media power again drives market reactions, with the PEPE coin leading the way.
Elon Musk has once again made waves in cryptocurrency by changing his X name to Kekius Maximus and setting his avatar to the iconic Pepe the Frog meme. This unexpected update caught the attention of meme coin enthusiasts, especially those involved with the PEPE cryptocurrency, which was launched in April 2023. This has caused a lot of buzz within the crypto community as the price of the coin has been on the rise.
Musk’s update to his X profile was not random either. On December 10th, he shared an image of Kekius Maximus, Pepe the Frog in a Roman general outfit. The image was also linked to Path of Exile, an online game, thus giving the audience another reason to wonder.
In addition to the gaming reference, the image of Pepe in the Colosseum echoed themes from Ridley Scott’s Gladiator 2, released in November. Musk’s posts have often included cryptic references and memes, but this one seemed particularly aimed at engaging his crypto followers.
Musk’s Market Influence
In 2023, he briefly changed the X logo to a Dogecoin mascot, which led to a significant surge in Dogecoin’s price. His actions on social media have a proven track record of impacting digital currencies, especially meme coins like Dogecoin and PEPE. This latest update to his X profile follows the same pattern, drawing immediate attention to the PEPE coin.
The PEPE coin surged by 12% in the space of two hours. The interested audience quickly rushed to explore the product and discuss the coin’s future among themselves. While Kekius Maximus is trading at $0.1399, showing an 872% surge over the past day.
Pepe Coin Trader Turns $3K Into $73M as Token Sets New ATHElon Musk, an influential person in the crypto market, remains an influential actor. Musk is a man well-known for his mastery of social networks, and there are many examples that show how his tweet, a change of a profile picture, can affect the exchange rates. The crypto community is eager to see how his latest moves will affect meme-coins such as PEPE.
