Elon Musk once again influenced the cryptocurrency market by changing his name on the X social network to "Harry Bōlz". This move caused a sharp rise in the price of the meme token HARRYBOLZ, which grew by 127 percent, reaching a market capitalization of 17.35 million dollars. The token, built on the Solana blockchain, was relatively unnoticed before this change, but its price significantly increased afterward. This is not the first time Musk's actions have triggered turmoil in the crypto market. Previously, his name change to "Kekius Maximus" caused a similar rise in another meme coin. It is important to note that such changes can be temporary, highlighting the risks associated with investing in meme tokens.
2/13/2025 8:46:58 AM (GMT+1)
Elon Musk changes his name to "Harry Bōlz" on X, causing the HARRYBOLZ meme token to rise by 127 percent and increasing its market capitalization to 17.35 million dollars
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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