Elon Musk, once known as the Dogefather, has now shifted his focus to Kekius Maximus. By changing his profile to reflect the meme coin, Musk continues his tradition of influencing meme coins.
By Vishal Dixit
Edited by Julia Sakovich
Updated
3 mins read
As a new entry into the meme coin crypto space, Kekius Maximus is inspired by the lore of a fictional character, a Supreme Leader, returning to dominate the meme coin universe.
The crypto project aims to build a community, just like every other meme coin, but terms it the KEK Meme Army. Kekius Maximus offers multiple features like bi-weekly stories and comics surrounding the adventures of Lord Kekius Maximus.
The roadmap includes various phases, such as:
The tokenomics is designed to include a fair launch mechanism, deflationary aspects, airdrops, and other rewards for its holders. These features aim to foster long-term engagement and reward early adopters.
Since its launch, the Telegram channel of Kekius Maximus, CTO Protocol, has gained more than 900 subscribers. This active growth on Telegram reflects the rising interest and expanding community of Kekius Maximus.
One of the key driving factors behind the Kekius Maximus token is none other than Elon Musk. Previously known as the god Dogefather, Elon Musk is changing his interest to Kekius Maximus.
Changing his username to reflect the meme coin, he also swapped his profile picture to the infamous Pepe the Frog. Prior to the Kekius Maximus token, Elon Musk had a history of pumping Dogecoin prices DOGE $0.33 24h volatility: 1.1% Market cap: $49.12 B Vol. 24h: $3.66 B on multiple occasions.
The tech mogul is famous for his canon activities. Be it changing the logo of Twitter for Doge, calling himself the Dogefather, or his multiple tweets related to Dogecoin.
With its recent availability on Radium against SOL SOL $181.2 24h volatility: 3.8% Market cap: $87.74 B Vol. 24h: $6.04 B , the Kekius Maximus token, KM, has achieved a 100x gain. Currently, while the holders are benefiting, one address, 7GYQ8, swapped 27 SOL tokens, worth nearly $5.2k, for 18.1 million KM tokens. This investment has turned into $655K, projecting an impressive 126x ROI.
At present, the meme coin has a market cap of $29.36 million, with a trading volume of nearly $100 million. This massive difference between the market cap and trading volume reflects high liquidity and significant market activity.
The KM price trend is currently showing a minor pullback in the 5-minute chart. With its all-time high at $0.0513, the pullback has formed a bullish pennant pattern. The support of the pennant stands at $0.0256, while the KM token prepares for a morning star pattern.
On the USD price chart, the KM token is trading at $0.0314. A bullish breakout of the marketization trendline could result in a new all-time high at $0.077.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Vishal, a Bachelor of Science graduate, began his journey in the crypto space during the 2021 bull run and has since navigated the subsequent market winter. With a strong technical background, he is dedicated to delivering insightful articles rich in technical details, empowering readers to make well-informed decisions.
