Kekius Maximus (KEKIUS), the Ethereum-based meme coin, surged an impressive 88% on Thursday, following a post from tech mogul Elon Musk on X. The sudden spike caught many off guard, with KEKIUS’ trading volume soaring by 197%, reaching $24.01 million.
The meme coin’s rise wasn’t alone—another frog-themed token, Pepe (PEPE), also saw a nearly 7% increase, defying losses across the broader meme coin market.
The rally was sparked by Musk’s latest X post, which included a framed photo of “Kekius Maximus”—a playful fusion of Pepe the Frog and Maximus from the movie Gladiator. The post also featured a “Make America Great Again” cap and a DOGE plaque on Musk’s office desk.
This wasn’t the first time Musk’s X activities impacted meme coins—he had used the name Kekius Maximus as his profile on X back in December 2024, sending KEKIUS to new heights. However, those gains quickly vanished when Musk reverted to his previous avatar.
At the time of writing, KEKIUS was trading at $0.0287, reflecting an 83% rise in just 24 hours, according to CoinGecko.
Although the meme coin market is often associated with high risk and unpredictability, it is impossible to deny the role of Elon Musk. Like any other meme coins, it comes with high risks since the value of such coins is determined by social media trends and emotions.
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