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BlockNews
Home CRYPTO

Meme Coins Plummet After Elon Musk Reverts ‘Harry Bōlz’ Alias

Michael Juanico by Michael Juanico
February 12, 2025
in CRYPTO, MEMECOINS, OPINION
Share on XShare in TelegramShare on Reddit
  • HARRYBOLZ meme coins crashed over 50-80% after Elon Musk reverted his profile name on X.
  • One token soared 50,000% in an hour, but late buyers faced heavy losses as hype faded.
  • Musk-driven meme coin cycles repeat, with early traders profiting while most end up holding the bag.

The HARRYBOLZ meme coin frenzy is unraveling—fast.

After Elon Musk briefly changed his profile name to “Harry Bolz”, traders piled into meme coins inspired by the sudden shift. Prices exploded, with one token skyrocketing over 50,000% in just an hour. But now? The hype train has derailed. Musk has switched his name back, and these tokens are collapsing.

JUST IN: Solana memecoin $HARRYBOLZ is down 92% over the last 24 hours after Elon Musk changed his name back on X

There were multiple coins following this trend

All are dead now pic.twitter.com/iKiVuqRHnZ

— BlockNews (@blocknewsdotcom) February 12, 2025

From Euphoria to Freefall: HARRYBOLZ Tokens Get Crushed

According to DEX Screener, the numbers are brutal:

  • Some HARRYBOLZ tokens have lost over 50%, while others have nosedived by 80% or more.
  • One trader turned $156 into $52,000, another raked in $340K, but most late buyers? Left holding the bag.

This isn’t the first time Musk’s online antics have triggered a meme coin gold rush. We’ve seen it with Dogecoin (DOGE), FLOKI, and countless others. The formula is predictable:

Musk posts → Prices pump → Late buyers FOMO → Reality hits → Prices crash.

And here we are again.

Meme Coin Mania Fizzles Out—What Now?

With Musk’s name change no longer driving the hype, demand for these tokens is vanishing fast. Some projects are down bad, others have been completely wiped out.

The takeaway? Musk-driven meme coin pumps are a wild ride—but they don’t last. For every lucky trader who cashes out, countless others end up with massive losses.

The cycle keeps repeating. And yet, people keep playing the game.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Elon MuskHARRYBOLZMeme Coin
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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