Two Solana meme coins bearing Elon Musk’s X account name plummeted on Wednesday after the tech CEO dropped his new moniker, “Harry Bōlz.”

The tokens’ respective market caps had inflated a day prior to $25 million and $8.5 million after Musk adopted the apparent reference to a scruffy scrotum. 

One meme coin was named Harry Bōlz (HarryBolz), while the other was similarly named harry bolz (HARRYBOLZ). The first mentioned token has plummeted to near-zero, while the other is down 54% over the last 24 hours.

Musk first changed his name to Harry Bōlz in April 2023, saying that it was effectively a media stunt to get publications to refer to him using the term. That inspired someo

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Author: André Beganski

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