- Elon Musk changed his X username to ‘Harry Bōlz’, triggering a wave of Solana-based memecoins that saw rapid price spikes and crashes, typical of pump-and-dump schemes.
- Musk, who previously used the alias in 2023 as a prank, seemingly adopted it in response to media coverage of Edward Coristine, a controversial DOGE staffer known as “Big Balls”.
Elon Musk has done it again. He changed his X username to ‘Harry Bōlz’, and of course, a myriad of Solana-based tokens surface to capitalise on the name.
According to GeckoTerminal data, multiple Bōlz-related coins flooded the market, with prices experiencing rapid spikes and crashes, like any pump-and-dump memecoin.
Related: Kanye West Stirs Controversy with Super Bowl Ad, Sparks Outrage with Token Featuring Nazi Symbols.
Musk, who leads the Department of Government Efficiency (DOGE), did not explain the reason behind the name change. There’s probably no explanation needed, as he previously used the same alias in April 2023, claiming he did it to get media outlets to refer to him by the name as a prank.
Controversy Around DOGE Unit Role Amid White House Defense
But in any case, we could link it to Edward Coristine, a Musk ally and senior adviser at the State Department and Department of Homeland Security.
Coristine is known as “Big Balls” for his recent firing from an internship for leaking internal information. He has a new role in Musk’s DOGE unit, with key responsibilities like handling sensitive data, which naturally caused government officials some nightmares.
Despite these concerns, the White House defended Coristine’s appointment, stating that DOGE staffers have appropriate security clearances and operate within federal law. Musk’s adoption of ‘Harry Bōlz’ is just a satirical response to how the media covered the situation.
All in all, Musk is known for altering his X username as a form of satire. Nothing else to it. Last year, he went by ‘Kekius Maximus’, and a memecoin was created with the same name on the same day, seeing a price jump by 1,200% in just a few hours.
Related: New York Crypto Trader Charged in Multi-Million Dollar Scheme Under New CFTC Leadership
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