Elon Musk's adoption of the name "Harry Bōlz" has caused significant market movements for two meme coins named Harry Bōlz and harry bolz. The first coin has almost become worthless, while the second has experienced a 54% drop in value in the last 24 hours. Musk's initial name change in April 2023 sparked the creation of one of the meme coins, and his recent switch to the name Harry Bōlz is seen by some as a show of support for Edward Coristine, a 19-year-old staff member who was fired from an internship for leaking internal information. The collapses of these meme coins resemble a similar event that occurred in January with the Kekius Maximus token when Musk withdrew his support.



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