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Elon Musk’s new X avatar sparks rally for Pepe-inspired meme coins, KEKIUS up 2600%

Pepe-themed meme coins PEPE and KEKIUS posted notable gains after tech mogul Elon Musk rebranded his X account.

Ethereum-based KEKIUS rallied over 2,600%, hitting an all-time high of $0.301 at the time of writing, while its market cap rose from $12.8 million to over $265 million. Meanwhile, Pepe embarked on a parabolic rally, rising roughly 20% to minimize some of the past week’s losses.

The recent hype has also spurred the creation of several similar meme coins on token deployers like Solana-based Pump.fun and Tron’s SunPump, bearing tickers such as KM, KEKIUS, and MAXIMUS.

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