The Ethereum-based KEKIUS market cap exploded to $380 million on Jan. 1 before falling to $100 million after Musk changed his profile name and photo back.
The $53 billion meme coin sector rose by more than 12% on Tuesday with the likes of pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, data from CoinGecko shows.
The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.