Crypto Trader Turns $1,983 into $2.8 Million in 18 Days After Elon Musk’s X Name Change

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As a seasoned crypto investor with over a decade of experience in the digital asset market, I can attest to the rollercoaster ride that this space offers. However, the recent story of a trader turning $1,983 worth of Ether into an astounding $2.8 million in just 18 days is nothing short of remarkable.

Having navigated through numerous market cycles and trends, I have learned to appreciate the unpredictability and potential rewards that come with investing in cryptocurrencies. This particular instance serves as a testament to the power of swift decision-making, understanding meme culture, and capitalizing on the impact of influential figures like Elon Musk.

Intriguingly, the trader’s success story is reminiscent of my own journey in this dynamic market – albeit on a smaller scale. While I may not have achieved such astronomical returns in a single trade, I have certainly experienced my fair share of triumphs and setbacks that have shaped my investment philosophy.

Lastly, as someone who has spent countless hours poring over price charts and community discussions, I can’t help but chuckle at the connection between Elon Musk’s brief name change on Twitter to “Kakis Maximus” and the subsequent surge in a meme-inspired cryptocurrency. It just goes to show that even in this digital world, a well-timed joke can lead to substantial profits!

A trader who deals with cryptocurrencies, possibly having insider knowledge, has successfully transformed roughly $1,983 of ether (the second-largest digital currency by market value) into approximately $2.8 million within a fortnight or so, following the alteration of Elon Musk’s name on the well-known social media platform Twitter.

Based on information from Spot On Chain, a trader realized an astounding 1,700 times return within a mere 18 days by investing 0.5 ETH to purchase approximately 35.58 million units of the meme-inspired cryptocurrency $KEKIUS.

According to Spot on Chain, the trader purchased tokens on December 14th. On December 16th, they sold 10.13 million of these tokens for approximately 4.91 Ether. Later, they sold an additional 25.26 million tokens, which equated to over 843 Ether and was worth more than $2.8 million. This massive price surge started from the beginning of 2025.

On Dec. 14th, as reported by Spot on Chain, the trader acquired tokens. By Dec. 16th, they had sold 10.13 million of these tokens for about 4.91 Ether. In addition, from Jan. 1st, 2025, they sold an extra 25.26 million tokens worth over 843 Ether or more than $2.8 million, during a significant price increase.

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In line with Spot on Chain’s data, the trader procured tokens on Dec. 14. On Dec. 16, they liquidated 10.13 million of these tokens for roughly 4.91 Ether. Later in 2025, there was a significant price surge, and they sold an additional 25.26 million tokens worth over 843 Ether or approximately $2.8 million. This transaction took place on Jan. 1st, 2025.

The increase in price occurred following Elon Musk’s renaming of account X as “Kakis Maximus.” Prior to Musk reverting the name change, the trader sold their tokens, leading to a dramatic 75% drop in the token’s value.

It’s not clear exactly why Elon Musk temporarily changed his social media profile name, but it appears linked to meme culture. The name “Kekius” is a reference to the online term “kek,” which was first used in World of Warcraft circles and means “laugh out loud.

As a crypto investor, I found it fascinating that the “Maximus” in the name was a nod to Maximus Decimus Meridius, the heroic gladiator portrayed by Russell Crowe in the movie Gladiator. To add a playful touch, his profile picture during the name change was none other than Pepe the Frog character.

Significantly, Elon Musk appeared to hint at a possible name change following his comment about “Kekius Maximus approaching level 80 in hardcore PoE,” which is a reference to the well-known video game, Path of Exile.

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2025-01-02 19:08