Kekius Maximus Token soared 119% in 24 hours, driven by Elon Musk’s decision to update his X profile name to Kekius Maximus on May 17, 2025. This move sparked a rally for the frog-themed memecoin, highlighting Musk’s influence on the crypto market. This article explores the surge, its ties to Musk, and the broader memecoin landscape.
Musk’s Influence Sparks Rally
Price movement of Kekius Maximus Token. Screenshot taken on May 17, 2025, from CoinMarketCap.
The Kekius Maximus Token, created by Elon Musk’s followers last year, surged from $0.025 to $0.0502 after Musk reinstated the Kekius Maximus moniker on X, per CoinMarketCap. The memecoin, inspired by Musk’s earlier profile change, saw trading volume spike 285% to $32.7 million. This rally, unusual after months of trading at $0.25, underscores Musk’s ability to drive crypto market volatility with simple social media actions.
Multiple token variants emerged during Musk’s initial name change, but KEKIUS, with the highest liquidity, led the charge. Despite its spotlight, the memecoin’s history of volatility raises questions about the rally’s sustainability, as past surges have faded quickly.
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Elon Musk’s Crypto Legacy
Musk’s influence on the crypto market is well-documented, starting with Dogecoin, his favorite cryptocurrency. In 2021, he briefly set Dogecoin’s logo as X’s icon, boosting its price. His affinity for Shiba Inu-themed tokens is notable, but the shift to frog-themed KEKIUS marks a new cultural pivot. Musk’s recent focus on U.S. politics and ties to the Trump administration has reduced his crypto engagement, making this surge a rare event.
Online discussions reflect excitement, with X posts noting a 119% pump in three days, though some warn of potential reversals if Musk changes his profile again. The memecoin’s reliance on Musk’s actions highlights its speculative nature, lacking intrinsic value compared to established tokens.
Broader Memecoin Trends
The Kekius Maximus Token rally coincides with a mild memecoin rebound. Dogecoin eyes a supercycle, with metrics supporting bullish sentiment, while Shiba Inu rose 1.09% to $0.00001477 despite lower burn rates. The memecoin market cap grew 1.06% to $69 billion, reflecting renewed interest amid a bullish crypto market driven by U.S. policy shifts.
Conclusion
Kekius Maximus Token jumped 119% after Elon Musk’s X profile switch to Kekius Maximus, boosting KEKIUS and its 285% volume spike. While Musk’s influence fuels this memecoin surge, its volatility raises caution. As Dogecoin and Shiba Inu also gain traction, the crypto market watches whether Kekius Maximus Token can sustain its rally or fade like past Musk-driven pumps.
