Elon Musk once again caused a stir in the crypto world by changing his X profile name to Harry Bōlz.
What Happened: Musk, widely known for teasing meme coin prices higher through his comments or reactions, yet again caused a new meme coin inception, sending the HARRYBOLZ token to a valuation of over $20 million in a single day.
Influencer account Teslaconomics quipped in reaction “Harry Bōlz is my favorite billionaire.”
This isn't Musk's first rodeo with name-based crypto spikes.
In December 2024, a name change to ‘Kekius Maximus' sparked a 1,200% rally in, and the name Harry Bolz had been used earlier by Musk in April 2023.
Wallet Activity:
Known for massive profits on MELANIA ($8.9 million) and TRUMP ($3.2 million), a wallet titled ‘LeBron’ bought 128.8 million HARRYBOLZ for 25 SOL (around $4,807) just four days ago. It later sold 109.8 million for 3,649 SOL (approximately $737,000) and still holds 18.97 million ($277,000), securing a $1 million profit. The wallet does not have any known affiliation with LeBron James.
Also Read: Elon Musk’s Father Launches ‘Musk It’ Meme Coin To Fund New Think Tank
Why It Matters: Crypto trader Momin pointed out that the HarryBolz pump was fueled by traders jumping in after Musk's name change, with some cashing out for six-figure profits.
Momin warned that if you didn't get in early, it's now a "lose-lose" situation, as the trend is weak and fading fast.
His advice: "If you're still playing this game, toss peanuts at whatever Elon mentions." The meme coin trenches are heating up again.
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