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Technology entrepreneur and centibillionaire Elon Musk has caused excitement in the crypto community by changing his X name and avatar. The community of meme coin PEPE was particularly surprised and excited.
The cryptocurrency industry’s reaction was quick to launch a new meme coin.
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Elon Musk reveals X name and avatar change
Today, tech mogul Elon Musk changed the name of , has come up with a big surprise, especially for crypto fans. Last April.
This month isn’t the first time Musk has posted a PEPE-themed character on his X Page. On December 10th, he retweeted an image of “Kekius Maximus” created by Grok from another X account with a comment.
“Cecius Maximus” is Pepe the frog, dressed as a Roman general, standing in the middle of the Colosseum area, probably in the Ridley Scott movie Gladiator 2, which was released in theaters around the world in November. seems to be referring to.
Elon Musk’s tweet refers to the online game Path of Exile, where reaching level 80 is an important milestone in the game’s progression system.
PEPE rises 12% as community reacts to Musk’s move
The cryptocurrency community also responded enthusiastically to Musk’s tweet, sharing their enthusiasm for the Pepe the Frog meme and Meme Coin. This time, many people mentioned the coin’s ticker $PEPE in the comments on Musk’s post. But the biggest surprise wasn’t the image that was published, but that the tech entrepreneur changed his name to it.
However, Musk will probably change his real name back soon. It is known that he has already changed his avatar in the past. It even briefly changed Twitter’s blue bird logo to DOGE’s mascot in 2023, when it acquired the social media platform for $44 billion and quickly rebranded it as X. This brief operation caused the price of Dogecoin to rise significantly.
According to CoinGecko’s scale, crypto enthusiasts who closely monitor new trends in the crypto market have already launched a coin named “Kekius Maximus” (KEKIUS).
PEPE/USD Image via TradingView
PEPE coin price has increased by 12% in the past 2 hours.