Discover the astonishing 17,000% surge in a memecoin's price following Elon Musk's username change on X. Learn more about the controversial memecoin!
After Elon Musk changed his username on the social network X to HarryBōlz, a new memecoin with the same name appeared on the Solana network and experienced a staggering 17,000% growth in less than 30 minutes. The memecoin surged by 500% in the first two minutes of release and continued to reach a market value of $3.68 million with a growth of 17,994%. However, like most memecoins, its price dropped by 85% after reaching its peak but still trades 3,300% higher than the initial price. Currently trading on the PumpFun platform on the Solana network at $0.0022, many believe this memecoin is a scam. Interestingly, this is not the first time Musk has used this username, as he had changed his name to HarryBōlz in 2023.
