New name Harry Bōlz of Elon Musk on X combines humor with influence, potentially affecting cryptocurrency markets and sparking speculation.
Elon Musk, the billionaire known for his work with SpaceX and Tesla, has created a buzz by changing his name on the social media platform X to Harry Bōlz.
This quirky nickname has left many people wondering what it means and why he made this choice.
Meaning behind the new name of Elon Musk on X
Musk made the change to Harry Bōlz on X, which was previously called Twitter.
The name seems to be a playful take on the slang term “Hairy Balls,” something Musk referenced back in 2023.
Some believe this name change might also relate to a young intern named Edward Coristine, who had worked at Musk’s brain chip company, Neuralink.
Coristine was known online as “Big Balls” and was recently appointed to a significant position in the U.S. government.
Who is Edward Coristine?
Edward Coristine is a 19-year-old who previously interned at Neuralink but was fired for allegedly leaking information.
Despite this, he has now become a senior adviser at the State Department’s Bureau of Diplomatic Technology.
He also works with Musk on a project called the Department of Government Efficiency (DOGE), aimed at reducing government spending.
Coristine’s rise to power has raised eyebrows, especially given his age and lack of experience.
Many people are concerned about his ability to handle sensitive information, including personal data about millions of Americans.
Speculations surrounding the new name of Elon Musk
While some think the name change is simply a joke, others speculate it may have deeper meanings.
The name change could be a way for Musk to draw attention to his projects or even to poke fun at the situation with Coristine.
However, there appears to be more at play here, especially regarding the financial implications.
The impact on meme coins
Since Musk’s name change, a meme coin called Harry Bōlz has gained significant attention.
This particular coin saw its market value soar dramatically shortly after Musk’s announcement.
One token that launched on February 7 saw its market cap jump from $45,900 to over $25 million in just one hour.
Investors are taking notice, with some turning small amounts of money into large profits.
For example, one trader who invested $156 made over $52,000, while another turned $1,900 into $343,800.
This unexpected surge has led many to believe that Musk’s name change was a strategic move to boost the coin’s value.
Musk’s name change could have strategic implications.
Although Elon Musk has not confirmed whether he intended to influence the value of this meme coin, the timing of the name change raises questions.
Many believe that he may have strategic reasons for adopting this new name, especially given his track record in the tech world.
Musk is known for his ability to impact markets with just a tweet.
This name change could be seen as another example of how he uses social media to manipulate financial trends.
Reactions from the public
The public reaction to Musk’s name change has been mixed.
Some find it amusing and entertaining, while others are concerned about the implications of his actions.
Critics argue that such antics distract from serious issues, especially given Coristine’s controversial appointment and the potential risks involved.
One user said: He should be cited by the SEC for causing a PnD situation
The second user wrote: Musk is off his meds again
The third user added: He’s memeing about the scam that is crypto.
I’m all for it. If you aren’t doing crypto, and are commenting insulting then you’re just salty insulting a richer person.
Another user said: Guys I really think its time for you to keep using that 2nd amendment Luigis style
Someone said: It’s a game at this point. Ridiculous that this is legal.