In a dramatic turn of events, Kekius Maximus ($KEKIUS), a cryptocurrency that had been making waves in the digital currency markets, saw a stunning 80% price drop in eight hours, sending shockwaves through the crypto community.
This sharp decline was observed from early trading hours on December 31, 2024, according to the latest market data.
The decline began after $KEKIUS hit an all-time high of $0.09274 earlier in the day, a peak that had many investors and traders betting on further rises due to its growing popularity and enthusiasm for its potential for high returns.
However, by 5:44 a.m. PST, the value had fallen to around $0.0204, losing almost 80% of its value within a few hours.
Market analysts point to several factors that could have contributed to this rapid decline. A major factor could be the sell-off by large owners, or…