Elon Musk has changed his name on X to ‘Kekius Maximus’. He has not yet given an explanation for this. Kekius Maximus is also the name of a cryptocurrency, the price of which immediately skyrocketed after Musk’s message.
The coin, a so-called memecoin, rose 900 percent in value in a short time. A memecoin is a type of cryptocurrency based on viral moments. The best known is the Dogecoin, which was created as a joke in 2013 by two software developers. Memecoins are often considered unstable and very risky because they are tied to fluctuating social media trends.
In addition to his name on X, Musk has also changed the corresponding avatar to Pepe the Frog. It symbolizes the extreme right Alt-Right movement.
Musk, the boss of Tesla and owner of social media platform X, is the richest man in the world with a fortune of more than $400 billion. He is also a confidant of the incoming President of the United States, Donald Trump.
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