Elon Musk Sparks New Controversy, But One Investor Nets 17,000% Profit Overnight

Some cryptocurrencies defy market trends and generate extraordinary returns for those investors with a risk apetite.

One recent example involves a token that soared by 17,000% in about an hour, thanks in part to Elon Musk’s unexpected actions.

Elon Musk, renowned for swaying crypto prices with his posts, inadvertently propelled a meme coin called Kekius Maximus by updating his X profile name and picture. Almost immediately, the token’s value shot up 500%. One trader who invested $4,360 in KM ended up with $638,000—a 17,000% increase within hours.

According to the analytics platform Lookonchain, the investor purchased 18.15 million KM tokens about 12 hours before Musk’s profile switch.

Musk then tweeted a playful comment about Kekius Maximus, which further heightened the coin’s momentum. While Musk did not directly endorse any transactions, his spontaneous profile update clearly influenced the market.

Elon’s sudden pivot highlights his ongoing impact on crypto trading, where a simple post or update can spark massive gains—or losses—overnight.