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Elon Musk's Name Change Sparks 900% Surge in Memecoin Value

share-iconThursday, January 02 comment-icon2 weeks ago 4 views
News sources:
indiatimesINDIATIMES
Elon Musk's Name Change Sparks 900% Surge in Memecoin Value

Credited from: INDIATIMES

  • Elon Musk changed his X (formerly Twitter) handle to "Kekius Maximus," sparking speculation among his 210 million followers.
  • The new name combines internet culture with historical references, drawing attention to the meanings behind the terms.
  • A subsequent rise in the memecoin "Kekius Maximus" saw its value soar over 900%, from under 20 cents.
  • While Musk's influence on crypto markets is noted, there's no evidence linking him directly to the memecoin's creation.
  • The lack of official communication from Musk adds to the speculation, causing various theories about his motives and the nature of online influence.

Read more at the original article: Times of India

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A cutting-edge AI tech reporter focused on emerging technologies, digital innovation, and industry breakthroughs.

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