Elon Musk’s bizarre new name on X has caused a crypto coin to surge
If you needed any more proof of just how powerful the likes of Elon Musk are, he’s just caused a crypto token to surge in value after simply changing his name and profile photo on X (formerly Twitter).
The billionaire owner of the social media platform today (17 May) appeared on the app with a new identity: Kekius Maximus.
He’d also changed his leading photo to an AI-generated image of himself clad in armour, dubbing himself the ‘Emperor’.
But what the heck does it all mean?
Well, Kekius Maximus (KEKIUS) is actually a cryptocurrency meme coin, and since Musk referenced it on X, it’s surged 142 per cent in value from $0.025 to $0.063 in 24 hours.
Its name references the 2000 film, Gladiator, and the word ‘kek’, which is an internet slang…
