Analysis: Musk X's "change of name" has caused market speculation

Odaily Odaily reported that on Tuesday local time, Tesla CEO Elon Musk changed the name of his account on the social media platform "X" to "Kekius Maximus", which sparked speculation about his mysterious new name among his 210 million followers. The new name seems to be a mixture of alternative right-wing symbols, emojis and the name of the protagonist of the movie "Gladiator". He also changed his avatar to "Pepe the Frog", a popular cartoon character wearing ancient Roman clothing and holding a video game joystick. Musk did not explain the new username and avatar, but the move immediately triggered a chain reaction, causing the value of the emoji token of the same name to soar. The price of Kekius M (KM) on the Solana chain once rose by more than 12,600%, and the market value briefly exceeded US$45 million. (Jinshi)