Elon Musk’s resolution to briefly change his profile identify on X to “Kekius Maximus” led to a shocking acquire for a cryptocurrency dealer, who made a fortune of round $3 million in simply 18 days.
The dealer who invested in Kekius Maximus (KEKIUS) on December 14 bought over 10 million tokens for simply $66 price of Ethereum
By January 1, they bought a portion of their holdings for 60.3 Ethereum, equal to roughly $93,000 on the time, whereas retaining the remaining.
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Blockchain analytics agency Lookonchain estimated the entire worth of the dealer’s remaining tokens to be $3.05 million, which is 45,900 occasions the preliminary funding.
The rise of the memecoin, KEKIUS, coincided with Musk’s identify change and social media exercise. Musk shared AI-generated pictures of “Pepe
By New 12 months’s Eve, KEKIUS had reached a market worth of $11.4 million. Following Musk’s profile change, its market cap skyrocketed to $380 million on January 1.
Nonetheless, after Musk reverted his identify and profile image, the memecoin dropped and settled at $100.5 million. Regardless of this decline, over 23,600 buyers nonetheless maintain KEKIUS tokens.
Musk’s temporary identify change on X is just not the one one which has sparked buzz. Lately, Vitalik Buterin criticized Musk’s strategy to debates on X. What did Buterin say? Learn the complete story.
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