
The Kekius Maximus token continued its impressive rally on January 1, establishing itself as the top cryptocurrency in the market as accumulation persisted.
The price of Kekius Maximus (KEKIUS) soared by over 200%, hitting a peak of $0.4010, thereby elevating its market capitalization to beyond $332 million.
This surge coincided with Elon Musk altering his X profile name and image to match the token, which sparked a wave of purchases among traders.
Many crypto investors are indicating that they expect the token to keep climbing in the upcoming weeks. Notably, one whale converted 62 billion worth of Pepe (PEPE) tokens valued at $1.2 million into Kekius tokens.
Several large buyers have also made similar transactions. As illustrated below, there were over 10 trades exceeding $425,000 in value during the last 24 hours.

These investors are attracted to Kekius Maximus due to Elon Musk’s considerable influence in social, economic, and political matters. Socially, he stands as one of the most prominent figures globally, boasting over 200 million followers on X.
Economically, he is recognized as the richest person on the planet, with a staggering net worth of $450 billion, accrued from ventures like SpaceX, Tesla, X, and Xai. Politically, he maintains close ties with Donald Trump, the incoming president.
Elon Musk has also been an advocate for meme coins in the past, with the most notable being Dogecoin (DOGE), which has grown into a $50 billion powerhouse in the crypto realm.
Kekius Maximus price may drop soon
The surge in KEKIUS’s value reflects trends seen in other recently launched and popular meme coins. For instance, Moo Deng (MOODENG) saw its price leap from $0.02 in September to $0.7023 amid rising hype, but has since plummeted by 62% from its peak in November.
In a similar vein, Peanut the Squirrel (PNUT) skyrocketed to $2.5 in November, only to experience a decrease of 72% since then. Goatseus Maximus (GOAT) has also seen a decline of over 60% from its all-time high, leaving many fear-of-missing-out traders in a difficult position.
Consequently, while there is potential for KEKIUS prices to keep rising in the next few days as more exchanges add it to their offerings, it is important to note the risks it may face in the long run, mirroring the trajectories of other recently launched meme coins.
Disclosure: This article does not constitute investment advice. The content and materials presented on this page serve educational purposes only.