Trader makes $2,8 million profit on KEKIUS after Elon Musk boosts memecoin

• Trader 0x33A made $2,8 million in profit in 18 days with KEKIUS.
• Elon Musk's influence boosted the memecoin's appreciation.
• Memecoins have high volatility and require well-defined strategies.

An unexpected move in the cryptocurrency market has brought millions in profits to a trader identified as “0x33A”. He managed to turn an initial investment of 0,5 ETH, equivalent to $1.983, into an impressive $2,8 million in just 18 days. The result was achieved thanks to the meteoric rise in the value of the KEKIUS memecoin, driven by a strategic change by Elon Musk in the name and profile image of his account on the X platform.

This trader (likely an insider) made $2.86M—a 1,700x return—from $KEKIUS in just 18 days!

Trader "0x3b7" spent 0.5 $ ETH ($1,963) to buy 35.58M $KEKIUS on Dec 14, 2024.

The trader then sold:
• 10.13M for 4.91 $ ETH ($19.4K) on Dec 16
• 25.26M for 843 $ ETH ($2.83M) over the past… pic.twitter.com/X33PoNOHAO

— Spot On Chain (@spotonchain) January 2, 2025

On December 14, the trader purchased 35,58 million KEKIUS tokens, taking advantage of the memecoin’s low price. Two days later, on December 16, he initiated a sale of 10,13 million of these tokens, raising 4,91 ETH. The bulk of his profits, however, came later, when he sold another 25,26 million tokens for 843 ETH in early 2025. This 1.700x appreciation was directly driven by Elon Musk’s decision to change his name to “Kekius Maximus” and use an image related to the popular “Pepe the Frog” meme.

The name “Kekius” carries a connection to meme culture, being derived from the expression “kek”, widely used in online gaming communities. The adoption of this aesthetic, combined with Musk’s enormous influence on the market, created a frenzy around KEKIUS. The memecoin saw a price increase of over 900% in just a few days, becoming one of the most talked-about assets of late 2024 and early 2025.

In addition to 0x33A, other investors also profited from the KEKIUS rally. Data from Etherscan shows that on December 31, the memecoin’s trading volume reached 2,4 billion tokens in a single day. The number of holders grew to over 22, with many taking advantage of the moment to take profits before the dip.

However, not everyone was a winner. Another trader, who invested $1,2 million in the memecoin during the peak, saw the value of his holdings plummet to $290 after Elon Musk reversed his action on the X platform profile. This pullback resulted in a loss of approximately $1 million, highlighting the risks associated with memecoin volatility.

Despite the initial strong appreciation, the price of KEKIUS fell 75% after Musk left the token's focus. Analysts point out that, although the asset still has the potential to reach values ​​between $0,50 and $0,60, it faces major challenges due to selling by investors looking to take profits.

0x33A’s story is a clear example of how timing and strategy are essential in the cryptocurrency market. By acting quickly, he was able to turn an opportunity into an extraordinary gain. On the other hand, the experience of other investors reinforces the importance of making decisions based on careful research and analysis.