Why Did Elon Musk Suddenly Change His Name To X Billionaire entrepreneur Elon Musk has changed his name on the social network X to ‘Cecius Maximus.’ Musk, who is also the owner of X, has also changed his profile picture with the popular ‘Pepe the Frog’ meme. But in this avatar, the Pepe character is shown as a warrior holding a joystick to play video games.
‘Keckius Maximus’ (Keckius) is a new meme coin that has appeared in the cryptocurrency market. After Elon Musk changed his profile name and photo icon, this meme coin came into trading. According to CoinGecko, within a few hours, the price of this coin has reached over 500 per cent.
The character of Kecius Maximus is based on a meme created by combining the popular character ‘Pepe the Frog’ and the character ‘Maximus’ from the movie ‘Gladiator.’.
Elon Musk has not said why he changed his name to Mimcoin. But the billionaire CEO has posted a few posts on X talking about his new avatar.
What is Mimcoin Cryptocurrency?
MemeCoin is a type of cryptocurrency that is inspired by funny pictures, videos, or ideas (memes) that go viral on the Internet. It is usually started for entertainment and jokes. For example, ‘DogCoin’ is the first and most famous MimeCoin, which was inspired by the image of a dog.
Mimcoin’s value mostly depends on its popularity, user support, and virality. Although these cryptocurrencies are popular for entertainment, one should be careful while investing because their value fluctuates a lot.