In his latest move, Musk updated his X (formerly Twitter) username to “Kekius Maximus” and briefly adopted a Roman emperor-themed profile picture to match.

The effect was immediate: a little-known memecoin bearing the name “KEKIUS” surged by more than 100% in the hours that followed, as speculators jumped on the perceived endorsement.

The token, which had emerged during a previous phase of Musk’s online antics, reignited with fresh momentum as traders took the social cue as a signal to buy.

The billionaire’s influence didn’t stop there. Earlier in the day, a simple reply from Musk to a post about another memecoin, APU, appeared to fuel a rapid price spike in that token as well.

While none of these actions constitute formal endorsements, Musk’s unpredictable presence on X continues to serve as an amplifier for speculative waves in the meme-driven corners of the crypto market—often turning obscure tokens into temporary sensations with a single tweet or name change.

The post This Memecoin Exploded After Elon Musk Changed His X Profile appeared first on Coindoo.

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Filed under: Bitcoin - @ May 17, 2025 2:31 am