Join Our Telegram channel to stay up to date on breaking news coverage
Frog-themed meme coin KEKIUS saw its price go ballistic and surge over 753% in the last 24 hours after billionaire SpaceX and Tesla founder Elon Musk changed his X profile name to Kekius Maximus and updated his profile picture to a gladiator-styled Pepe the Frog.
With the recent surge in the KEKIUS price, the crypto was able to set a new all-time high of $0.1454 in the last hour. It has since retraced more than 12% to trade at $0.1153 as of 6:29 a.m. EST.
Dogefather Elon Musk Takes On A New Meme Coin Persona
Musk is no stranger to the meme coin space. Over the years, he gained the nickname Dogefather for posting DOGE-related content on X. During a Saturday Night Live appearance, Musk also talked about the legacy meme coin in a skit.
In recent months, Musk’s mentions of Dogecoin have been far and few. This was until he proposed a new government agency called the Department of Government Efficiency (DOGE), which, when abbreviated, perfectly aligns with the ticker symbol of the popular meme coin.
Recently, US President-elect Donald Trump announced that Musk will head the DOGE department alongside Vivek Ramaswamy. Before the proposed department can become an official government department, it will have to first be established through Congress.
Musk, who now goes by the X username Kekius Maximus, has not yet given reasons for the recent changes to his profile. In the last few hours, he has also started to share posts relating to Kekius Maximus and Pepe the Frog.
Kekius Maximus will soon reach level 80 in hardcore PoE pic.twitter.com/Cg5ttuqjvX
— Kekius Maximus (@elonmusk) December 31, 2024
Frog-Themed Tokens Soar, Will Wall Street Pepe Be Next?
After Musk’s profile changes, the collective market cap for frog-themed meme coins jumped more than 6%. KEKIUS was the biggest gainer, while Keke (KEKE) and Baby Purple Pepe (BABYPURPE) posted the next biggest 24-hour gains of 51% and 38%, respectively.
With the interest in frog-themed tokens, presale token Wall Street Pepe (WEPE) could benefit. The token has already raised more than $38.5 million through its ICO, as investors bet big on the project’s future.
Related Articles:
- US Spot Bitcoin And Ethereum ETF Daily Outflows Top $470 Million
- Layer-2 Tokens Outperform As Solaxy Races Past $7 Million In Presale
- Maximize Meme Index’s Potential with Hassle-Free Meme Coin Diversification
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
