Elon Musk’s resolution to undertake the Kekius Maximus persona on X on December 31 sparked a dramatic rally for the corresponding meme coin, with the ERC-20 token surging 21,660%, in accordance with CoinGecko.
Brothers in Arms pic.twitter.com/vIZ8ADrXbo
— Kekius Maximus (@elonmusk) December 31, 2024
Whereas a number of Kekius-themed meme cash emerged on Solana, the ERC-20 token Kekius Maximus ($KEKIUS) attracted the vast majority of investor consideration.
CoinGecko information revealed the token’s rise, with its market capitalization reaching $343.67 million and 24-hour buying and selling volumes climbing to $219.27 million, representing roughly 64% of the token’s aggregated worth.
Over 22,000 wallets at the moment maintain $KEKIUS, highlighting its widespread adoption amongst buyers.
Kekius Maximus Features Spotlight Meme Coin Frenzy
The demand for $KEKIUS remained sturdy regardless of its preliminary climb, with 24-hour positive factors standing at 110.67%.
Though Musk has not revealed any direct affiliation with these meme cash, his adoption of the Kekius character has fueled widespread consideration.
The origins of this meme may be traced again to @ALX on X, who first shared AI-generated photographs of a number of characters impressed by the Pepe the Frog cartoon.
Kekius Maximus pic.twitter.com/ZLPP0dkmgX
— ALX
(@alx) December 10, 2024
The frenzy surrounding $KEKIUS additionally coincided with a noticeable spike in Ethereum gasoline costs.
Knowledge from Etherscan.io confirmed that on December 31, common gasoline charges doubled from 5 gwei to 10 gwei, earlier than lately declining to eight gwei.
This surge signifies heightened exercise on the Ethereum community, probably pushed by transactions involving $KEKIUS and different associated meme cash.
Kekius Maximus ($KEKIUS) Momentum Slows as RSI Weakens
Regardless of its spectacular positive factors, $KEKIUS seems to be shedding momentum. Uniswap charts expressed in $WETH reveal that the token hit a peak 4 hours in the past earlier than starting a gradual decline.
Early consumers are cashing out their huge positive factors, contributing to a fading uptrend.
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Technical indicators just like the Relative Power Index (RSI) have made decrease highs on the hourly chart, signaling weakening momentum regardless of continued worth will increase.
Traders ought to train warning, as these alerts recommend the potential for a bigger take-profit transfer by those that entered lengthy positions earlier.
For these seeking to purchase $KEKIUS, it’s vital to confirm the token’s contract handle to keep away from scams.
The proliferation of meme cash—because of simple minting protocols like Pump.enjoyable or Solana’s soon-to-be-released Pump Pad—makes figuring out legit tasks more and more tough for novice merchants.
The success of Kekius Maximus has reinvigorated curiosity in different Pepe-themed property such because the OG Pepe ($PEPE), Pepe Unchained ($PEPU), and Wall Road Pepe ($WEPE).
These tokens could profit from the rising recognition of the Kekius meme and its related cash.
Flockerz Presale Brings in $8.4M and Introduces a New Customary for Meme Cash
Meme coin tasks are proliferating quickly, however most of them lack the facility to construct strong communities that may face up to the turmoil that crypto markets expertise infrequently.
Probably the most profitable tasks like Dogecoin ($DOGE) and Shiba Inu ($SHIB) have one thing in widespread – their fan base is extremely engaged and participates often on each occasion and resolution made.
Flockerz introduces a novel mechanism known as vote-to-earn (V2E) that incentivizes holders to forged votes and contribute actively to the neighborhood by endorsing proposals.
POV: You might be getting into 2025 with The Flock!
pic.twitter.com/rjtpchN4CP
— Flockerz (@FlockerzToken) December 31, 2024
To make sure their help, token holders are rewarded in $FLOCK for each vote they forged.
Traders have been supporting this modern method from the get-go because the $FLOCK presale has raised $8.4 million in simply a few weeks.
The token is at the moment provided at a reduced worth of $0.0065823 that positions buyers favorably to generate excessive returns as soon as the asset is listed.
The presale might be lively for 20 extra days. As soon as the undertaking goes stay, Flockerz will change how meme coin tasks construct extremely engaged communities with a deep sense of belonging.
To purchase $FLOCK, go to the Flockerz web site and join your pockets to transform USDT or ETH.
As well as, you need to use a financial institution card in case you don’t personal any crypto in the meanwhile.
The time is now to take advantage of out of the meme coin hype. Don’t wait any longer to develop into part of the $FLOCK.
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