Author: TechFlow
Note: The original article was first published on December 31, 2024. According to PANews on January 2 , early this morning, the frog avatar and nickname "Kekius Maximus" of Musk X's account have been changed back to his (Elon Musk) original appearance, and related concept coins have plummeted.
Finally, the day when AI Meme no longer dominates the charts.
This morning, the Solana chain was still a carnival day for AI Meme. At around 2 pm, Musk changed his Twitter avatar to a meme image similar to Pepe the frog, and directly changed his name to Kekius Maximus. What is special is that this is the first time Musk has changed his Twitter name.
Yes, this is it:
In addition, Musk has recently been tweeting frequently about Pepe-related concepts. This big move of changing the name + avatar has directly made the Meme market boil. In addition to the $Pepe that has already been listed and rose, the PumpFun Meme on the Solana chain was even more rampant, and the entire northwest Shanxi was in chaos.
GMGN.AI data shows that the popularity of the Kekius Maximus concept meme has dominated the meme market within an hour.
Figure: According to GMGN.AI data, Kekius Maximus accounts for most of the hourly popularity list
Is Lao Ma playing with the Internet integration joke again?
Musk first mentioned the word Kekius Maximus on Twitter when interacting with a frog image posted by another account. Apparently, this slightly textured frog was called Kekius Maximus at the time. A few days later, Musk mentioned on Twitter that he would name the next new character in the expert mode (HC) of his favorite game "Path of Exile (POE)" as Kekius Maximus.
Musk's new tweet today also mentioned the name of the game:
Speculations on the origin of "Kekius"
According to netizens' speculation, the name Kekius Maximus should also have a certain relationship with the Pepe Meme culture.
The prefix "Kekius" in the name may be derived from the Internet meme "Kek". It originally came from the game "World of Warcraft". When the Horde player types "LOL", the Alliance player will see it translated as "KEK". This simple game term then spread widely in the game player community. Originally, it meant laughing out loud, just like "LOL".
As Internet culture develops, this word has derived new meanings on platforms such as 4chan and Reddit. Netizens discovered that in ancient Egyptian mythology, there was a god named "Kek", who was depicted as a frog-headed human body in the Greco-Roman period and was regarded as a symbol of chaos and darkness. This coincidence gave this Internet term a deeper cultural connotation.
However, due to the mixed environment on the Internet, the word "Kek" was later often used as a political metaphor on the Internet. This phenomenon was particularly prevalent during the 2016 US presidential election. I will not go into details here. Interested readers can refer to Wiki or Meme Encyclopedia for a detailed introduction to the origin of this word.
Kek and the Frog Meme
Back to the meme, as mentioned earlier, there was a god with a human body and a frog head in ancient Egypt named "Kek". Combined with the popular Pepe frog image in recent years, the connection between Pepe and Kek is naturally inevitable on the Internet, and it is often used in Pepe secondary creations.
At the same time, according to Twitter user @neso, as early as April 2023, when $pepe issued the coin, it wrote "In Lord Kek we trust." on the official website. At that time, the $pepe project team played a joke about Kek.
Musk's name "Kekius Maximus" may be a hybrid word based on the etymology of "Kek". By combining "Kek" with the Latin suffix "-ius" and "Maximus" (meaning "largest"), a unique combination of gaming culture, Internet slang and classical language was created.
From this perspective, Musk is indeed an intense internet surfer.
Which coins are hyped?
Having said so much? Which related concept coins are being hyped? Urgent.
Because the explosion point came too quickly, the memes of the Kekius Maximus concept are still in a relatively PVP state, with Rugs and scams flying everywhere. According to my personal experience (losing money), there are only two coins that have been created for a long time and have community operations that remain in a relatively healthy state.
Note: Meme token prices fluctuate drastically and there is a high risk. Investors should fully assess the risks and participate with caution. This article only shares information based on market hotspots. The author and the platform do not guarantee the completeness and accuracy of the content of the article. At the same time, this article does not contain any investment advice.
$KM (Kekius Maximus) - Solana
Contract address:
HuAncxDEsakCDgZS2Yfo9xJbHmtHXMnxxkT9jqdXnHhm
Creation time: December 10, 2024 (21 days ago)
Current market value: $40 million
24H trading volume: $108 million
This token was created on the day Musk first mentioned the concept of Kekius Maximus, and hit a market value of around $2 million when Musk mentioned it for the second time. After that, the price went down, but the community account @kekius_onsol remained active until today, catching up with the hot spots and becoming the hottest Solana token in the entire concept. (It's amazing that the community is really lucky.)
$KEKIUS（Kekius Maximus）-ETH Mainnet
Contract address:
0x26e550ac11b26f78a04489d5f20f24e3559f7dd9
Creation time: December 14, 2024 (17 days ago)
Current market value: $76 million
24H trading volume: $45 million
From the time point of view, $KEKIUS of ETH mainnet should be created after Musk mentioned the word Kekius Maximus for the second time on Twitter. During this period, the token fluctuations were relatively large, and the transaction volume was less than that on Solana chain. However, the community account @KekiusMaxi has also remained active, and the price of the coin has risen by as much as 10 times today.
summary
This "makeover" could be because Musk really likes the new image, or it could be a well-known "conspiracy", or it could just be something Musk did casually.
However, as a market participant, when facing such instant and random hot spots, the most important principle of participation should be to identify risks and protect the safety of assets. After all, hot spots appear every day, and the best opportunity may be the next one.
Protect your capital, don’t get carried away, DYOR.
