Elon Musk’s Name Change Triggers Meme Coin Frenzy
Elon Musk, owner of X (formerly Twitter) and head of the Department of Government Efficiency (DOGE), changed his X name to Harry Bōlz on Tuesday—sparking an explosive rally in two Solana-based meme coins.
One trader turned a $156 investment into $52,000, while another made $343,800 off a well-timed play.
Why Did Musk Change His Name?
Musk has previously used Harry Bōlz as a name for trolling the media, but this time, it may be linked to Edward Coristine, a Musk ally known as “Big Balls.”
Coristine, now working at DOGE, was previously fired from an internship for leaking internal information to competitors. His appointment to government positions involving sensitive data has raised security concerns, with one U.S. official calling it “dangerous.”
Many believe Musk’s name change was a show of support for Coristine, leading to meme coin traders seizing the opportunity.
Meme Coins Skyrocket—Traders Cash In
1. Harry Bolz (HARRYBOLZ) – First Token
- Launched: February 7, 2025
- Initial Market Cap: $45,900
- Peak Market Cap: $25.14 million (Up 54,637% in 1 hour)
- Current Market Cap: $8.5 million
- Top Traders:
- $1,900 buy → $343,800 profit
- $156 buy → $52,000 profit
2. Harry Bōlz (HARRYBOLZ) – Second Token
- Launched after Musk’s Name Change
- Current Market Cap: ~$3 million
- Biggest Winner: $6,179 profit from $14,400 investment
History Repeats
This isn’t the first time Musk has accidentally triggered a meme coin boom. In January 2025: Musk changed his name to Kekius Maximus, referencing his Path of Exile character.
- Ethereum meme coin Kekius Maximus (KEKIUS) soared 3,000% to nearly $400M market cap.
- When Musk changed his name back, KEKIUS plunged 83% in 10 hours.
Given this pattern, traders are watching Musk’s next move closely—but history suggests timing the exit is key.
Final Thoughts
Musk’s unpredictable social media antics continue to fuel meme coin volatility, making fortunes for fast-moving traders while leaving latecomers holding the bag. As always in meme coin trading, timing is everything—and Elon Musk remains the ultimate market mover.
