Elon Musk, the richest person in the world and owner of the X platform (formerly Twitter), has just made waves in the cryptocurrency market by changing his account name to Harry Bōlz. This immediately drove the price of two meme coins on the Solana network with the same name to skyrocket, making many investors "hit the jackpot" within just a few hours.
Just One Name – Meme Coin Price Rises Over 54,000%!
One of the two Harry Bolz coins (#HarryBolz ) surged 54,637%, from a market cap of just $45,900 to $25.14 million in just one hour after Musk changed his name on X.
A lucky investor spent $156 to buy this coin and quickly earned $52,000.
Another person invested $1,900 and sold for a profit of $343,800.
Although the price has dropped to $8.5 million, this coin still shook up the investment community.
The Reason Behind the Name "Harry Bōlz"
Elon Musk changing his name to Harry Bōlz may be to support Edward Coristine (nickname "Big Balls") – a close associate of Musk who is currently serving as a senior advisor to the U.S. State Department and the Department of Homeland Security.
Coristine previously worked at Neuralink – Musk's startup, and is currently playing a key role in #DOGE (Department of Government Efficiency) – the new government agency in the U.S. that focuses on optimizing spending.
Coristine's appointment has been controversial as he was previously fired as an intern for leaking internal information.
Musk's name change is believed to be a gesture of support and loyalty to this associate.
Meme Coins and Elon Musk: The Never-Ending Story
This is not the first time Elon Musk has changed his name on X and caused a meme coin explosion.
In January 2025, Musk changed his name to Kekius Maximus, causing the meme coin Kekius Maximus (KEKIUS) on Ethereum to surge over 3,000% before plummeting when Musk changed his name back.
Risk Warning for Investors
Meme coins often experience significant volatility and depend heavily on social media trends, especially from Elon Musk – a major influencer in the cryptocurrency space.
Investing in meme coins carries high risks; it can yield great profits but can also lead to total loss if prices drop sharply.
Do not invest based on emotions and always conduct thorough research before making investment decisions.
Conclusion
The story of Elon Musk and meme coins is always full of surprises and drama, creating "earthquakes" in the cryptocurrency market. But is Harry Bōlz a "treasure" or just a speculative "bubble" ready to burst? Only time will tell! 🚀 #anhbacong