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.