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KEKIUS Blasts Past $0.06 After Musk’s Profile Change—Will the Rally Last or Fade?

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KEKIUS Blasts Past $0.06 After Musk's Profile Change—Will the Rally Last or Fade?

  • KEKIUS broke out of months-long consolidation after Elon Musk revived his ‘Kekius Maximus’ X persona, rallying over 100%.
  • Technical indicators show that bullish momentum could extend toward $0.075 and beyond if support holds.

Elon Musk has once again stirred the crypto waters. On Friday, May 17, 2025, the Tesla and X (formerly Twitter) CEO changed his profile name to Kekius Maximus, reigniting a memecoin frenzy that sent the Ethereum-based KEKIUS token soaring more than 140% in just 24 hours. The price jumped from $0.025 to a high of $0.063 before cooling to around $0.047 Trading volume exploded by over 500%, climbing past $50 million.

Source: CoinMarketCap 

This isn’t Elon Musk’s first memecoin-triggering stunt. In late December 2024, a similar profile update pushed KEKIUS up more than 900%, briefly lifting its market cap above $380 million. The token’s meme-heavy brand—rooted in the combination of Pepe the Frog and Maximus from Gladiator—has proven magnetic in the right social media conditions.

Price Momentum and Volume Surge Signal Short-Term Strength

This latest surge carries some weight beyond hype. On-chain metrics suggest growing interest from retail and speculative traders. KEKIUS now boasts over 26,000 on-chain holders, with liquidity pooled across multiple DeFi protocols totaling more than 452 WETH (roughly $1.16 million).

The price breakout above $0.05 signals a breach of a previous resistance zone, with a fully diluted market cap around $55 million. RSI currently sits at 92, which reflects an overbought condition and a potential price correction. 

Listing activity on Gate.io, MEXC, and other major exchanges has added accessibility and trading depth. With these support factors in place, some traders are eyeing a retest of the previous all-time high at $0.3978, set during its January rally.

However, the memecoin remains deeply tied to Musk’s online behavior. The sustainability of the current momentum depends heavily on whether Musk continues fueling the narrative or shifts his attention elsewhere.

Chart Patterns Hint at Pullback Risks After Parabolic Climb

From a technical standpoint, KEKIUS had been stuck in a consolidation zone since February, following its sharp decline from January’s peak. Analysts using Wyckoff Theory noted the token was in an accumulation phase, characterized by tight price action and declining Volume. Friday’s breakout marked the start of what could be the markup phase, where price typically accelerates.

Bollinger Bands had narrowed significantly this week, indicating a potential squeeze. The current rally confirmed that breakout, with KEKIUS exploding upward as soon as Musk changed his X handle.

Still, history offers a word of caution. Steep corrections have often followed previous Musk-driven meme rallies. If the euphoria fades, technical analysts see $0.03730 as the likely support level to watch on any pullback.

Is KEKIUS Setting Up for a Long-Term Move or Another Pump-and-Dump?

The broader memecoin market is heating up again. Dogecoin (DOGE) is flirting with a supercycle, and Shiba Inu (SHIB) has posted minor gains in the past 24 hours. The total memecoin market cap is nearing $69 billion, giving fringe tokens like KEKIUS room to ride the wave.

Yet KEKIUS faces a double-edged sword: its entire valuation is tied to Musk’s attention. Without fundamental utility or a defined roadmap, the coin’s future largely hinges on whether the online hype machine keeps spinning. Its meme-driven identity gives it viral potential and exposes it to sharp, sentiment-driven reversals.

In short, KEKIUS could either cement itself as this cycle’s dark horse memecoin—or fizzle out as yet another flash-in-the-pan token, like many before it.

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