Tesla and X owner Elon Musk has triggered a bar-a-one-perbolic rally for frog-themed memecoin, Caikius Maximus (CAKIAS). This token was created by the billionaires of the billionaire, who usually track their profile changes on social media platforms. The token was created last year when Tesla’s founder first changed its X profile name to Caikius Maximus. This action typically fuel a rapid price brakeout for the connected tokens.
Elon Musk and Cykius Maximus Link
After months, they changed the profile name, the billionaire once again restored it, a step considered a shout for Memcoin. In particular, separate token variants were first created when Elon Musk updated his profile photo with the name.
One of the greatest liquidity variants is cakeius. As Data from coinmarketcapThis token has increased by 119% to $ 0.0502 in 24 hours. This bounce is unusual, as the token maintained an average price of $ 0.25 before this push.
Within this period, Memcoin also touched its volume sky, 285% to $ 32,688,278.05. It is worth noting that there is not between Caikius Top meme coins to buy in MayHowever, the new rally has temporarily placed it in the spotlight.
Whether this rally will remain long lasting, because intensive instability has forced its rebound in the last one hour.
Elon Musk and Crypto affected
It is not uncommon for Tesla founder to propagate within a digital currency ecosystem. Changing his profile photo and name began with his favorite cryptocurrency dogcoin.
When he handled X in 2021, he made the top Mamcoin logo for a while. This action positively affected the price of dogcoin at that time. While the intimacy of Elon Musk is more pronounced for Shiba Inu-Theme tokens, Caikius Maximus Frog-Pivat marked a new digital cultural change.
Due to the billionaire participation in American politics and close ties with the Donald Trump administration, it is generally less focused on digital currencies.
Memcoin in Spotlight
While the rebound in Caikius Maximus is rare, other installed tokens in the Memcoin world are worth watching. As stated by coingup earlier, Dogecoin Supercyle may start soon Some of its main performances back to the thesis as the metrics.
Shiba Inu is also in the headlines amidst market volatility. Despite the fall in burn rate and other growth markers, there is a good possibility of rebounding in the property. In the last 24 hours, tokens have increased 1.09% to $ 0.00001477.
The comprehensive memecoin ecosystem has seen a jump of 1.06% in market capitalization for $ 68,968,000,000.
Godfrey benjamin
Benjamin Godfrey is a blockchain enthusiastic and journalist who writes about the real -life applications of blockchain technology and innovations that are for general acceptance and emerging technology to run integration worldwide. His desires to educate people about cryptocurrency inspire his contribution to famous blockchain -based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow it X, Linkedin
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