Elon Musk has once again altered his name on the ‘X’ platform, sparking significant interest in the crypto community. His new moniker ‘Harry Bolz’ led to the creation of a namesake coin, which has seen a remarkable surge in popularity.
Name Change and New Coin Launch
Elon Musk changed his ‘X’ profile name to ‘Harry Bolz’, quickly becoming a talking point across the internet. Subsequently, a new coin Harry Bōlz was launched on Solana’s PumpFun, which experienced an incredible 17,000% hike in value within the first 30 minutes.
Volatility and Market Influence
The Harry Bōlz coin initially rose by 500% within the first two minutes of launch, which was only the beginning. It later surged by 17,994%, reaching a market cap of $3.68 million. However, as typical with memecoins, its price plummeted by 85% from its peak, yet maintained a 3300% increase.
Future of Harry Bōlz Memecoin
The current price of the Harry Bōlz coin is $0.0022. With Elon Musk’s influence, the future of this coin is uncertain, leaving many to wonder if it will be simply another viral joke or something more substantial.
Elon Musk's name change has once again stirred interest not just in him but in the broader crypto world, exemplifying how a simple act can significantly impact the memecoin market.
