The trader earned $634,000 from Elon Musk’s new nickname. On December 31, 2024, the billionaire changed the name of his X account to Kekius Maximus, becoming the symbol for the launch of many memecoins.

The trader earned $634,000 from Elon Musk's new nickname. On December 31, 2024, the billionaire changed the name of his X account to Kekius Maximus, becoming the symbol for the launch of many memecoins.

The trader took advantage of this and spent $4.3 thousand to purchase 18 million coins. Immediately after Elon Musk’s nickname changed, the price of memcoin soared by almost 17,000%.

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