According to financial news on January 2 (edited by Shi Zhengcheng), on the eve of the New Year, Musk, the owner of the Social Media platform X, changed the account name, making traders in a certain corner of the cryptocurrency world feel "the tremendous wealth from the world's richest person."

This whole matter should start from the last day of last year. Musk changed his account name to "Kekius Maximus," while also changing his avatar to "Pepe the Frog wearing gladiator armor and holding a gaming controller."

Collectively interpreting from various perspectives, this name change more so points to the world's richest person's "personal interests" and political statements.

Starting with the name, "Kekius" seems to be a Latinized version of the word "kek." The original meaning of "kek" is "laughing out loud" and comes from the famous Online Game "World of Warcraft." In the game's setting, when orc players type "lol" (Laugh Out Loud, equivalent to "haha") in the chat box, players from other races can only see "kek" on their screens, as they are defined as not "understanding the orc language."

Combined with the armored frog image, Maximus should be related to the movie "Gladiator" released in 2000. The protagonist's name is Maximus Decimus Meridius.

The frog character is called "Pepe," which originally appeared as a comic character in 2005 and now is active globally on Social Media as a meme.

As the political struggle in the USA entered the "Trump era," Internet public opinion also became a part of mutual attacks. During the 2016 presidential election, Hillary Clinton's team publicly associated the "Pepe the Frog" meme with "white supremacy" and far-right extremism. At the same time, in the USA Internet public opinion, the symbol "kek" also began to be more associated with the far-right camp.

Although right-wing figures like Musk do not agree with the idea of linking memes and gaming references to extremist political positions, in the Internet Plus-Related context, the world's richest person assembling so many symbols together inevitably conveys political meaning.

Regarding the name change, Musk casually mentioned it, leaving a group of media personnel who do not play games feeling bewildered. He said, "Kekius Maximus will soon reach level 80 in the PoE hardcore mode." He also included an image generated by his own AI chatbot Gork.

(Source: X)

PoE refers to the game "Path of Exile 2," which launched in December last year. The challenge of hardcore mode is that once a character dies, all player progress and equipment are permanently deleted. Musk has expressed his love for this game multiple times and even demonstrated playing it using Starlink Satellite on a private jet.

(Source: X)

The immense fortune brought by the billionaire's "name change."

Interestingly, the new name of Musk's account, "Kekius Maximus," also happens to be a type of Cryptos.

Inspired by the billionaire's "name change," the "Kekius Maximus Coin" surged from $0.001 to $0.3 in just a few days.

Due to the completely public nature of wallets in the crypto world, netizens quickly discovered that eight hours before Musk's name change, a wallet purchased 18.15 million "Kekius Maximus" coins for a total price of $4,360. Influenced by the world's richest man, these cryptocurrencies are now valued at $5.65 million (approximately 41.23 million yuan).

Considering the nature of such extreme speculative trades, this mysterious trader is unlikely to hold these "meme coins" for long, but at least this operation can bring him/her profits in the millions of dollars or tens of millions of yuan.

Such a perfect trading opportunity has quickly sparked doubts of "insider trading." However, the only thing that can be confirmed is that in the wild and completely unregulated cryptocurrency market, such doubts will ultimately sink like a stone. Moreover, this kind of speculation on "meme coins" is not uncommon, with Dogecoin, which received public support from Musk multiple times, being the most prominent representative.

Editor/lambor