In the crypto market, some tokens can achieve high profits despite the market decline. One such token gave a crypto investor a 17,000% return in just one hour, thanks to the actions of Elon Musk. Multi-billionaire Musk’s role in this process caused great surprise among investors.
Elon Musk’s Profile Update
Tesla owner Elon Musk is known as one of the most influential people in the cryptocurrency space. A single tweet from Musk about the market can change investors’ sentiments and cause the market to rise or fall. The last X (formerly Twitter) profile update had a similar effect; By changing his profile name and photo to the meme coin Kekius Maximus, Musk increased the price of this crypto by 500%.
As a result of this move, a crypto investor with an investment of $ 4,360 multiplied his investment in just a few hours and reached $ 638,000. Although Elon Musk did not directly assist, his actions indirectly benefited Kekius Maximus holders.
What a lucky investor or perhaps insider!
— lookonchain
Analysis page Lookonchain reported that the investor purchased 18.15M KM 12 hours ago and increased the price of Kekius Maximus by approximately 17,000% by changing Musk’s profile.
Musk’s Avatar Changes and Future Expectations
Musk did not make any explanation behind this profile change. This isn’t the first time he’s changed his avatar; He had previously updated his profile with names such as Mr Tweet and Naughty Moniker. Crypto investors are waiting for Musk’s statements on this issue.
Kekius Maximus is still gaining value according to Coingecko reports. At the time of writing, it is trading at $0.1239 and has increased by 880% in the last 24 hours. The market value is $124,075,780 and the trading volume is $71,111,178.
Sudden value increases in the crypto market continue to attract the attention of investors. The actions of influential personalities like Elon Musk can quickly change market dynamics. How market trends will take shape after such movements continues to be an important matter of curiosity for investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
