The Elon Musk Move to rename his X profile to Kekius Maximus has sparked a 119% surge in the Kekius Maximus token, reigniting interest in the frog-themed memecoin. This action, announced on May 16, 2025, highlights Musk’s influence on the crypto market. This article explores the token’s rally, its ties to Musk, and the broader memecoin ecosystem.
Kekius Maximus Rally Triggered
Price movement of Kekius Maximus Token. Screenshot taken on May 17, 2025, from CoinMarketCap.
The Elon Musk Move of reverting his X profile name to Kekius Maximus, a nod to a memecoin created by his followers in 2024, fueled a dramatic price spike. The Kekius Maximus token (KEKIUS), one of several variants, jumped 119% in 24 hours to $0.0502, per CoinMarketCap. Previously trading at an average of $0.25, the token’s trading volume also soared 285% to $32.69 million, reflecting heightened market activity.
This isn’t the first time Musk’s profile tweaks have driven crypto surges. His initial name change in December 2024 caused a similar rally, though volatility often follows. Online sentiment shows excitement over the Elon Musk Move, but some warn of potential pullbacks, citing past 60% drops when Musk reverted his profile.
Read more: What Is Memecoin? Understanding the Rise of Meme Cryptos
Musk’s Crypto Influence
The Elon Musk Move underscores his outsized impact on the crypto market. Known for boosting Dogecoin by adopting its logo as X’s icon in 2021, Musk has a history of sparking memecoin frenzies. His shift to the Kekius Maximus token, blending Pepe the Frog and Gladiator’s Maximus, marks a new cultural pivot. Despite his focus on U.S. politics and ties to the Trump administration, Musk’s social media actions continue to sway digital assets.
The crypto market reacted swiftly, with KEKIUS gaining traction despite not ranking among top memecoins for May. Its 99/99 DEXTools.io score and 22,500+ holders signal strong community support, though volatility remains a concern.
Broader Memecoin Trends
The Elon Musk Move aligns with a mild memecoin ecosystem rebound. The sector’s market cap rose 1.06% to $68.97 billion. Dogecoin, Musk’s favored token, shows signs of a supercycle, while Shiba Inu gained 1.09% to $0.00001477 despite a lower burn rate. These trends suggest growing bullish sentiment, amplified by Musk’s influence.
Conclusion
The Elon Musk Move to embrace Kekius Maximus on X propelled the Kekius Maximus token up 119%, showcasing his sway over the crypto market. With a 285% volume spike and a vibrant memecoin ecosystem, KEKIUS is in the spotlight. However, volatility risks linger, making caution key for investors navigating this Dogecoin-inspired frenzy.
