Musk changed name to Kekius Maximus, crypto pumped and dumped

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Crypto-friendly billionaire Elon Musk is known for his cryptic social media posts. This time, his online activity triggered a dramatic pump-and-dump of cryptocurrency.

On Tuesday, the Tesla (TSLA+8.10%) CEO temporarily changed his profile photo and name on X (formerly Twitter), the platform he owns, to reference a meme-based cryptocurrency called Kekius Maximus. The move skyrocketed the price by 900%, reaching an all-time high of $0.4011.

Adding to the buzz, Musk followed up with a post on X, stating, “Kekius Maximus will soon reach level 80 in hardcore PoE.” 

Image for article titled Elon Musk’s cryptic post sent another memecoin soaring — momentarily

Here, the term “PoE” likely refers to “Path of Exile 2”, a video game Musk is…

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