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The world's richest man, Elon Musk, has sparked speculation after changing his name on his social media platform X to "Kekius Maximus".
Elon has done this pump-and-dump crap before, and not just with crypto, which is even easier to manipulate than worthless stocks, like, e.g., DJT, and didn't get any flack from SEC or CFTC.
"Wolf of Wall Street" and lords of "boiler rooms" have nothing on crypto schemers.
So now Elon looks to be safe for at least next 4 years, with DOTARD all-in on crypto, after calling it a "scam" in 2021... but then, reminded that scams, fraud and selling worthless things is what he's been doing all his life, and it's an easy and "mostly not illegal" way of making real money from his own "alt-coin" ($88M so far, including $30M "seed investment" from TRON founder Justin Sun, who is currently under investigation by SDNY, and whose recent claim to fame was buying 'Comedian / banana duct-taped to the wall' for $6.2M and later eating it) and crypto industry PACs donating more than $7M into his campaign and $130M to Congressional campaigns.
Anyway, the KEKIUS coin went up in price immediately by 900%, then ran up to 2600%, some other frog-meme "coins" also went up for a ride... but the euphoria didn't last long - minutes after Musk changed his eX-Twitter name and logo back to "Elon Musk" the price of KEKIUS coin and market value crashed 99%, from $400M to $2M.
God-Emperor Elon giveth a coin, God-Emperor Elon taketh a coin away. Whatcha gonna do?
"Get it while it's hot!"
"They are not making any more of it!"
"Those NFTs are your retirement!"
Not much different from HAWK coin promoted by Hawk Tuah Girl, who is now suing her crypto "partners"
nypost.com - 'Hawk Tuah' girl Haliey Welch cooperating with lawyers over her failed meme coin
www.lowyinstitute.org - Donald Trump and the "crypto capital of the planet"
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