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Elon Musk and $HARRYBOLZ Memecoin: How Name Change Fueled a Price Spike

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by A1

4 hours ago


Recent data highlights Elon Musk's X name change, triggering a sharp rise in $HARRYBOLZ memecoin and resulting in significant investor profits.

Crypto Whiz ‘LeBron’ Reaps Massive Profits

Following Musk's X name alteration, $HARRYBOLZ memecoin's price soared. Lookonchain reported that a whale known as ‘LeBron’ bought 128.8 million $HARRYBOLZ for 25 SOL (around $4,800) four days ago. LeBron, already noted for his gains in MELANIA and TRUMP coins, sold 109.8 million HARRYBOLZ for 3,649 SOL, equivalent to $737,000. The remaining 18.97 million HARRYBOLZ are valued at $277,000, totaling approximately $1 million in profit.

Explosive Growth of HARRYBOLZ Memecoin

At the article's publication, HARRYBOLZ memecoin surged over 31,000%, achieving a market cap close to $18 million. DEXScreener data indicates other top traders also earned substantial sums with this Solana-based meme coin.

Elon Musk's X Name Change

On February 11, Musk's X name was updated to Harry Bōlz, with his bio amended to ‘Shortfall of Gravitas.’ This phrase, used for a SpaceX drone ship, implies a lack of seriousness, illustrating irony. Reports note Musk previously adopted this name in April 2023, potentially as an ironic nod to ‘Hairy Balls’.

Musk's name switch caused significant cryptocurrency market shifts, leading to notable profits for some investors. This underscores the impact of celebrity influence in modern finance.

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