Kekius price rises as Pepe whale buys, but downside risks remain
Kekius Maximus token continued its strong surge on Jan. 1, becoming the best cryptocurrency in the market as the accumulation continued.
The Kekius Maximus (KEKIUS) price surged by over 200%, reaching a high of $0.4010, pushing its market cap to over $332 milion.
The surge happened after Elon Musk changed his X profile name and picture to that name, triggering more purchases by traders.
There are signs that some crypto investors anticipate that the token will continue soaring in the next few weeks. One whale exchanged his 62 billion worth of Pepe (PEPE) tokens worth $1.2 million into the Kekius token.
More large buyers have executed similar trades. As shown below, there were over 10 trades worth over…
