DOGE Boss Elon Musk Changes Name on X, Sends Solana Meme Coins Flying
Elon Musk changed his X account name to Harry Bōlz, a move that led to significant surges in two meme coins associated with the name. His decision to adopt this name, which he previously used in April 2023, follows his defense of Edward Coristine, a fellow supporter of DOGE. This name change resulted in one of the Harry Bōlz tokens experiencing a staggering increase of 54,637% in value shortly after the announcement, climbing to a market cap of $25.14 million before settling down. Another token called Harry Bōlz also emerged, generating a market cap of nearly $3 million. Several traders benefitted enormously, with one turning a modest $156 investment into $52,000. Musk's choice in names has historically sparked similar reactions within the crypto community, emphasizing his influence over market trends.
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