Memecoin Trader Turns $66 Into $3M Using Elon Musk’s KEKIUS

A cryptocurrency trader has achieved a substantial return, turning a $66 investment into a significant $3.05 million within 18 days. Blockchain analytics firm Lookonchain revealed that this translates to an incredible 45,906x return on investment, accomplished through strategic trades involving the Kekius Maximus (KEKIUS) token.

The Strategic Trades

Kekius Maximus is a unique meme token that blends the iconic Pepe the Frog meme with Maximus from Gladiator. The result is a humorous yet heroic representation of Pepe adorned in gladiator attire.

Turned $66 into $3.05M in just 18 days, a 45,906x return!

This trader spent 0.017 $ETH($66) to buy 10.17M $KEKIUS and sold 2.81M $KEKIUS for 60.3 $ETH($201K), leaving 7.37M $KEKIUS($2.85M).

The total profit is $3.05M.https://t.co/gx6E6yFQcz pic.twitter.com/rFrsNjCqvt

— Lookonchain (@lookonchain) January 1, 2025

According to Lookonchain’s post, the KEKIUS trader initially spent $66 (equivalent to 0.017 ETH) to purchase 10.17 million tokens. They later sold 2.81 million of these tokens for 60.3 ETH, worth roughly $201,000. The remaining 7.37 million tokens are now valued at approximately $2.85 million, pushing the trader’s total earnings to $3.05 million.

KEKIUS Gains Momentum After Musk’s Endorsement

The KEKIUS token experienced a price surge of over 200%, reaching a peak of $0.4010 and boosting its market cap to over $332 million. The surge followed Elon Musk’s decision to update his X profile name and image to Kekius Maximus, sparking heightened interest among traders.

Signs suggest some crypto investors expect KEKIUS’s value to rise further in the coming weeks. One notable investor, or “whale,” exchanged $1.2 million worth of Pepe (PEPE) tokens (62 billion PEPE) for KEKIUS.

Other large-scale investors have made similar moves, likely influenced by Elon Musk’s significant impact across social, economic, and political spheres. Many believe the token’s price will increase further as more exchanges add it. Currently, KEKIUS is listed on platforms such as MEXC, Uniswap, and BingX.

Notably, the rapid ascent mirrors trends seen in other meme tokens. For example, Moo Deng (MOONDENG) saw its price jump from $0.02 in September to a peak of $0.7023, only to fall 62% since November.

Similarly, Peanut the Squirrel (PNUT) surged to $2.5 in November before plummeting 72%. Goatseus Maximus (GOAT) also declined over 60% from its all-time high, leaving many speculative traders at a loss.