Cryptocurrency linked to Elon Musk rises by more than 1,300%

The Kekius Maximus meme rose more than 320% yesterday, continuing its weekly gains of more than 1,300%.

The meme cryptocurrency has been linked to billionaire Elon Musk.

This was not the first time that encrypted meme currencies were linked to the name of Elon Musk, and it was preceded by currencies such as DOGE COIN and SHIBA INU, but they are currencies that do not provide innovative payment solutions or any financial technology.

Elon Musk bizarrely changed his “X” profile picture to a symbol for this currency on Tuesday — sparking a flood of questions from supporters and detractors alike.

The world’s richest man, who boasts about 210 million followers on the platform he has owned since 2022, also changed his profile avatar to include an image of the famous Pepe the Frog character wearing a gladiator-like armor, according to the New York Post.

Musk, who is close to President-elect Donald Trump, did not provide a full explanation for his sudden name change. But there are some hints.