Musk Changes Profile Name to Harry Bolz, HARRYBOLZ Coin Surges 120%
Elon Musk changed his X account name to Harry Bolz, causing the HARRYBOLZ meme coin to surge over 120%. As of now, the token exhibits high volatility, with trading volume exceeding $4 million and a market cap reaching $17.5 million.
Trader Profits from HARRYBOLZ Surge
- Price peaked at $0.025 following Musk's name change.
- A trader known as "LeBron" purchased 128.8 million HARRYBOLZ tokens for 25 SOL ($4,807).
- LeBron sold 109.8 million tokens for 3,649 SOL (approximately $737,000), retaining 18.97 million tokens valued at $277,000.
- Total profit from these trades was approximately $1 million.
Meme Coin Volatility
- This is not Musk's first name change; a previous change to Kekius Maximus also led to significant price fluctuations in the KEKIUS coin.
- HARRYBOLZ launched on Solana’s Pump.Fun platform, initially gaining 17,000% before experiencing drastic declines.
- Many celebrity-themed coins have seen an average decline of 78% from their all-time highs.
- TRUMP coin down over 60%, while MELANIA has dropped more than 80% since their peaks.
Photo: CoinGecko