Remember The Elon Musk-Inspired Kekius Maximus Token? The Memecoin Has Crashed 92% From Its Peak As Tesla CEO Abandoned His Short-Lived X Avatar

Benzinga

2025/01/28

Kekius Maximus KEKIUS/USD, a meme coin that rose to fame following a mention by tech billionaire Elon Musk, has lost more than 92% of its value since its peak. What happened: The Ethereum ETH/USD-...

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The Memecoin Has Crashed 92% From Its Peak As Tesla CEO Abandoned His Short-Lived X Avatar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-28 16:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/25/01/43258654/remember-the-elon-musk-inspired-kekius-maximus-token-the-memecoin-has-crashed-92-from-its-peak-as-tesla-ceo-abandoned-his-short-lived-x-avatar><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kekius Maximus KEKIUS/USD, a meme coin that rose to fame following a mention by tech billionaire Elon Musk, has lost more than 92% of its value since its peak.\nWhat happened: The Ethereum ETH/USD-...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/25/01/43258654/remember-the-elon-musk-inspired-kekius-maximus-token-the-memecoin-has-crashed-92-from-its-peak-as-tesla-ceo-abandoned-his-short-lived-x-avatar\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EZET","symbol_name":"以太坊ETF-Franklin","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/25/01/43258654/remember-the-elon-musk-inspired-kekius-maximus-token-the-memecoin-has-crashed-92-from-its-peak-as-tesla-ceo-abandoned-his-short-lived-x-avatar","article_id":"2506567277","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2025/01/28/Dogs--Cats-And-Frogs--Cryptos-Wildest-Wi.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/markets/cryptocurrency/25/01/43258654/remember-the-elon-musk-inspired-kekius-maximus-token-the-memecoin-has-crashed-92-from-its-peak-as-tesla-ceo-abandoned-his-short-lived-x-avatar","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2506567277","pubTimestamp":1738052758,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Kekius Maximus (CRYPTO: KEKIUS), a meme coin that rose to fame following a mention by tech billionaire Elon Musk, has lost more than 92% of its value since its peak.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EZET":"以太坊ETF-Franklin","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - 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However, the success lasted just a short time.\nA day later, Musk, the CEO of Tesla and Space X,  reverted to his original X avatar, triggering a dramatic crash for the coin. Today, KEKIUS is down 92% from its peak, with over $300 million in its market capitalization eroded. \nKEKIUS has failed to secure a listing on major cryptocurrency exchanges like Binance and Coinbase, indicating the prolonged downturn.\nSee Also: Robert Kiyosaki Predicts Yet Another Stock Market Crash, Pitches Bitcoin Investments — Here’s What The ‘Rich Dad Poor Dad’ Author Said\nWhy It Matters: KEKIUS's example serves as a cautionary tale for meme coins that derive their value from social media trends and which lack community support like those of successful meme coins like Dogecoin DOGE/USD and Shiba Inu SHIB/USD.\nBillionaire investor and television personality Mark Cuban dismissed meme coins as a “game of musical chairs with money,” underscoring that some people will make money while others can face big losses. \nMeanwhile, meme coins centered around festive themes, such as the Lunar New Year, and those inspired by the latest AI sensation DeepSeek, were also gaining popularity, but questions about their liquidity and modest market value cast doubt.\nPrice Action: At the time of writing, KEKIUS was exchanging hands at $0.02921, up 3.47% in the last 24 hours, according to CoinMarketCap.\nRead Next: \n\nDonald and Melania Trump Memecoins Outgain Bitcoin, Ethereum Amid Market Lull — Analyst Says TRUMP Bottomed Out At $25\n\nImage via Shutterstock $DOGEDogecoin$0.33420.06%WatchlistOverview$ETHEthereum$3198.420.53%$SHIBShiba Inu$0.0000190.26%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}