Elon Musk renames himself as Harry Bolz on X again, sparking the immediate emergence of hundreds of memecoins.
How unfortunate it is to live in this era.
Elon Musk, entrepreneur and prominent figure in the tech industry, has adopted the name Harry Bōlz on the X platform, triggering a wave of meme coin creation on the Solana network. This name change, which Musk made last Tuesday, coincides with his previous attempt to have the media refer to him in this way since April 2023, which has been cited as an example of his unconventional humor, according to critiques from some media outlets.
In reaction to the adoption of this new name, various meme coins have emerged. One of them, launched on February 7, experienced a remarkable increase of 54,637% in its value in just one hour, although it has seen a significant decline from its peak of $25.14 million to $8.5 million. Another coin has reached a market value of $3 million, according to cryptocurrency sources.
Musk is known for his style of humor that blends absurd jokes and the repurposing of memes, which has raised concerns about his lack of genuine creativity. His way of engaging on social media often suggests a deliberate strategy aimed at generating attention and reactions, although some voices argue that this type of humor frequently results in misunderstandings or negative responses.
