$BTC $BTC Elon Musk Renames X, Token Soars 3,000%

Elon Musk's recent rebranding on social media platform X (formerly Twitter) has inspired a parabolic rise for the HARRYBOLZ token.

It is the second time Musk has "unintentionally" inspired a rally in a crypto token by changing his name on the popular social media platform.

Elon Musk Renames X to Harry Bolz

While his X profile remains @elonmusk, the CEO of the platform has renamed his account to Harry Bōlz. Shortly after this rebranding, the price of HARRYBOLZ surged by over 3,000% before profit-taking began.

HARRYBOLZ Price Performance. Source: Dexscreener

In fact, this is not the first time Musk has used Harry Bōlz as his X name. In April 2023, he made a similar move, leaving his followers perplexed. At the time, followers speculated that the tech mogul was planning his next big project. Meanwhile, others attributed the change to his occasional pranking acts with fans, saying that it was nothing more than a pun.

Furthermore, in January 2023, Musk changed his name to Mr. Tweet and again to ‘Naughtius Maximus’ before returning to his original name. Most recently, Elon Musk changed his X name to Kekius Maximus, which inspired a 500% surge for the KEKIUS memecoin.

The article Elon Musk Changes Name Into X, Token Soars 3,000% appeared first on BeInCrypto Brazil.