Multiple hailz tokens, which increased after Elon Musk, turned their profile name into Harry Bolz, now falling into the price that he is back to his original name.
Memm coins are the beastlaz which increased after Elon Musk, converting its profile name on X, Harry Bolz is now crashing because the US billionaires are back to their original name.
DEX screens per data, some of these tokens have lost more than 50%, while others have lost more than 80%. Suddenly disadvantages follow a sharp rally when Musk changed the name. One of the Harry Bolz (Herrurz) tokens, which was live from 7 February, touched more than 50,000% of the sky in just one hour on Tuesday, although it has fallen significantly since.
The name of the musk on X basically triggers a frenzy in the coins of the Solana meme. The traders ran to buy anything related to “Harry Bolz”, which was expecting profit from the moment. Some did it. For example, a merchant changed an investment of $ 156 to $ 52,000. Another made more than $ 340,000. But as usual, most of the late buyers were left out to lose losses.
The Herbolaz tokens were part of a broader tendency where the online activity of the musk moves to the markets. Similar spikes have taken place first with dogcoin (Dogin), Floki (Floki), and other meme coins. The cycle is not new: musk posts something, traders run, prices rise, and then set reality.
Now when Musk has changed her name back, interest in tokens is drying up. Many are very low, while some are completely erased.
