Elon Musk Named ‘Kekius Maximus’ as Meme Coin Surges 120%

The recent update to Elon Musk’s profile on X has once again influenced the cryptocurrency market. By changing his name to “Kekius Maximus” and adopting a Roman-inspired frog avatar, the meme-driven token associated with this name surged nearly 120% in a single day. Data from Binance indicated that KEKIUS rose from approximately 0.025 to 0.0502 overnight.

Musk Ignites Another Frog Coin Rally

This isn’t the first instance of Musk’s tweaks impacting meme coin values. In December, he used a similar name and a golden-armored Pepe illustration, which caused KEKIUS to skyrocket by almost 500% in one day before the price fell back down.

His followers often perceive these changes as buying signals, quickly investing when they notice a new name. However, many rush to sell once the initial excitement fades.

is news by the people for the people.

Seeking truth, but always self-critical.

— Kekius Maximus (@elonmusk) May 15, 2025

Token Surges 119% Within 24 Hours

Data from Binance highlights that the token’s value surged by 119% within just 24 hours following Musk’s recent name change. CoinMarketCap also confirmed the token reached 0.0502 at its peak, rising from around 0.025 the previous day. However, this figure remains significantly lower than its initial launch price last year, where speculators previously paid 0.25 for a single KEKIUS token before experiencing a major decline.

Origins of the Kekius Maximus Name

Kekius Maximus combines multiple elements. “Kek” originated as gamer slang for laughter and connects to an Egyptian frog-headed deity associated with chaos. Maximus references the iconic gladiator character from a well-known film. The token operates on both the Ethereum and Solana blockchains.

Its creators aimed to fuse memes, mythology, and pop culture, though it lacks substantial technical backing—merely being a whimsical creation that responds to Musk’s whims.

Investor Risks and Volatility

This scenario exemplifies the volatility typical in cryptocurrency markets influenced by celebrities. These tokens generally offer no genuine product or service and depend solely on hype. When the profile name reverts, prices can plummet.

Investors who buy at inflated prices may incur significant losses. Regulators have raised concerns about these price surges, cautioning that celebrity endorsement can obscure inherent risks.

A Broader Trend in Meme Coins

Traders once again viewed this as an opportunity, with GORK experiencing a 100% increase in just 24 hours. However, it lost much of that momentum as the novelty faded.

Future Considerations

Investors keeping an eye on these developments must remain vigilant. Such price fluctuations can occur unexpectedly and may reverse rapidly. Some participants see these movements as short-term gambles, akin to making bets in a casino, while others view them as mere entertainment.

Musk’s profile choices evidently retain significant influence over the cryptocurrency market, and for many tokens, that influence can dissipate as swiftly as it emerges.

Featured image from Gemini Imagen, chart from TradingView