Elon Musk Goes Full Harry Bōlz: Memecoins Mania Ensues!

Hold onto your wallets, meme lovers! Elon Musk is back at it again, this time morphing into the rapscallion known as Harry Bōlz on X. (Say that five times fast!) Fresh off of his latest antics as the self-proclaimed czar of U.S. Government Efficiency, he dove back into meme madness, launching Harry Bōlz memecoins that left crypto traders scrambling to join the ‘Bōlz’ bandwagon.

In true Musk fashion, it didn’t take long for Solana to cash in. One spunky token skyrocketed a jaw-dropping 54,637 percent in under an hour, proving there’s no sleeping on Harry Bōlz. Although it did take a tumble from a peak market cap of $25.14 million (I guess Bōlz aren’t immune to gravity) down to $8.5 million. Not to be outdone, another token is boasting a sensible $3 million market cap, just chillin’ in the crypto limelight.

Musk first jumped into the Bōlz pond back in April 2023, aiming to get the media to call him by this whimsically hilarious name. It’s sort of an inside joke that truly leaves you scratching your head—”I am playing right into it.” As noted by Rolling Stone, this bizarre comedic routine, laden with “garbled gags” and “corny jokes,” might not be everyone’s cup of tea—but hey, it sure makes the world a funnier place!

Elon Musk has changed his name to Harry Bōlz, sparking the launch of humorous memecoins. An existing token surged by 54,637% in just an hour before settling down, while another token now sits at $3 million. This playful name change plays into Musk’s quirky sense of humor, as he aims to induce laughs, albeit some may find it unfunny.