Musk is once again working wonders in the crypto market. Yesterday, he updated his X avatar to a PEPE frog meme and renamed his account to Kekius Maximus — and immediately, PEPE shot up by 4.84% in a day. People are panicking, everyone is riding this wave. Trading volume skyrocketed, the price is currently near zero, but there's movement.

Even more interesting is the new coin KEKIUS — it’s related to the same meme and Musk’s name. A week ago, it was a real rocket, but now it has retreated by 4.33% over the week. It’s only traded on decentralized exchanges, so it’s risky, but some still believe in this story.

Meanwhile, Musk has also taken the lead in D.O.G.E. — the Department of Efficiency under Trump. Along with the Ramaws, they aim to cut 2 trillion from the federal budget. This is a serious move, and the crypto community is watching closely. Plus, there’s the whole scandal with Germany — Musk supported AfD, and Chancellor Scholz is unhappy. In short, meme culture is meeting real politics, and it’s a wild mix.