Affected by Musk's change of nickname "X", KM's market value rose by more than 12,600% and briefly exceeded 45 million US dollars

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On December 31, according to GMGN market data, due to Musk's change of his X nickname to Kekius Maximus, the Solana-based MEME coin Kekius M (KM) surged over 12600%, with its market cap briefly exceeding $45 million, and the coin price currently reported at $0.032.

BlockBeats previously reported that Musk had changed his X profile photo to Pepe and his nickname to Kekius Maximus.

BlockBeats note: "Kek" is a term in internet meme culture, originally derived from the communication among World of Warcraft players, and later closely related to the Pepe frog meme and other meme images, becoming a symbol of internet subculture. "Maximus" is a Latin word meaning "the greatest" or "the most excellent", often used as a title for ancient Roman generals or heroes. The image of Kekius Maximus is that of an ancient Roman general standing in the colosseum.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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