New Memecoin Update- HarryBolz spikes 17000% in Just 30 Mins; Traders Shocked!

The internet is breaking apart with the news of Elon Musk changing his X profile name again. And this time it’s not a basic insinuation. Ahem, Harry Bolz goes gaga, as netizens and investors respond to this quirky move alike.

A publicity stunt only? Certainly not, when someone like Elon Musk is at its front. Promptly after a name change, SOLANA’s blockchain PumpFun lit up with a new meme coin with the same name (HarryBolz). Experts would you know that it is not an exceptional event.

Within 30 minutes of launching the coin, the blockchain witnessed an unbelievable 17000% rise in traffic value.

The growth was a staggering 500% within only 2 minutes of the launch of launching the coin. But it never stopped; accelerated at a remaining pace and formed a voluminous market cap of $3.68 million in a matter of 30 minutes only.

But it’s a meme coin after all. No doubt it would be prone to volatility. Within 24 hours, HarryBolz’s price declined 85% from its peak (reached within 30 minutes). Despite that, the coin is at a stable 3300% high.

The Current Status

As of writing this news piece, the meme coin price is $0.0022. But a coin like this, with the patronage of Elon Musk can go great miles in no time. But at the moment it is hard to guess whether it’s another Musk(y) joke or the start of a new era of dominance in the crypto community. 

Elon Musk has a history of using queer usernames on his X handle. Let’s wait and find out what this latest name fuzz brings to the crypto world!