Kekius Maximus meme coins dropped on Ethereum and Solana after Elon Musk changed his profile picture and X page name.

Kikyos Maximus, a meme coin on Ethereum (Ethereum), its market cap of $380 million crashed on January 2 after Musk removed the character from his account name and avatar.

The Ethereum-based Kekius Maximus token launched on December 14 as a playful mix of cryptocurrency terminology and pop culture. “Kek” is cryptocurrency slang for something funny or ironic, while “Maximus” refers to Maximus Decimus Meridius, the main character in Ridley Scott’s film Gladiator (2000).

Musk briefly adopted the name "Kekius Maximus" for his Page X, referencing him in a video game-related tweet and again on New Year's Eve. This interest caused the Ethereum-based Kekius Maximus token to rise more than 30-fold, from $0.01 to $0.39.

Kekius Maximus fell to $0.07 and a market cap of $77 million shortly after traders noticed changes in Musk's social media, according to DEX Screener. Fake icons on Solana (Sol) also collapsed as the hype faded. Musk explained that the name swap was carried out to focus on pressing American issues after the explosion of a rented Tesla Cybertruck outside the Trump Hotel in Las Vegas.

Winners Kikios Maximus

As with many meme coins, Kykeus Maximus turned some early investors into millionaires – at least on paper. However, not all 24,000 token holders made gains before the token price collapsed.

One buyer made $2.3 million in profits, but another trader lost a return of 45,906%. User Kekius Maximus purchased $66 worth of stock and reserved $201,000. Look-on-chain data certain The investor could have made $3 million instead