logo
welcome
CoinGape

CoinGape

How This Crypto Trader Lost $1M in 12 Hours Due to Elon Musk? | CoinGape

CoinGape
Summary
Nutrition label

58% Informative

Elon Musk changed his name and profile with the Kekius Maximus meme coin, which increased its price by 900% .

With this incident, several crypto traders earned heavy profits, but some faced losses as they followed the FOMO .

One trader lost $1M , with Musk changing his profile again, crashing the token price.

As KEKIUS is a newly launched token, investors mistook it as an opportunity that could create heavy returns.

VR Score

32

Informative language

16

Neutral language

23

Article tone

semi-formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links