KEKIUS has surged over 140% in just 24 hours following Elon Musk’s latest social media move, reaching a record high of $0.063 before cooling to around $0.047. The price spike follows Musk’s shift to his ‘Kekius Maximus’ X persona on May 17th, reigniting the memecoin frenzy and driving significant trading volume exceeding $50 million. This isn’t Musk’s first rodeo in the world of memecoins; in December 2024, a similar profile update pushed KEKIUS up more than 900%, briefly boosting its market cap above $380 million. The token’s meme-heavy brand, rooted in Pepe the Frog and Maximus from Gladiator, has proven incredibly effective when fueled by social media attention. 26,000+ users now hold KEKIUS with liquidity pooled across multiple DeFi protocols totaling more than $1.16 million. This price surge indicates a breach of a previous resistance zone, with analysts expecting a retest of the all-time high at $0.3978 if support holds. However, technical indicators suggest a pullback is possible, with the RSI currently sitting at 92, an indication of an overbought condition. Listing activity on major exchanges like Gate.io and MEXC has increased accessibility and depth for trading. The token’s future remains dependent on whether Musk continues to drive the narrative or shifts his focus elsewhere. On-chain metrics suggest growing interest from retail and speculative traders, further strengthening this latest rally. A key takeaway: While past Musk-driven meme rallies have seen sharp corrections, the current momentum suggests a potential for long-term growth, though its ultimate fate remains uncertain.