- Elon Musk’s profile name change to ‘Harry Bōlz’ led to a surge in HARRYBOLZ’s price, attracting trading activity.
- A wallet named ‘LeBron’ bought HARRYBOLZ for $4,807 and later sold most of it for $737K, securing a $1M profit.
- The token’s price movement shows how social media trends impact crypto markets, with investors closely watching future shifts.
A surge in the price of the HARRYBOLZ token pursued Elon Musk’s conclusion to change his profile name to ‘Harry Bōlz’. The token’s value surged to $0.025, drawing interest from investors and traders. This event demonstrates how digital assets can experience rapid price movements influenced by celebrity activity and online trends.
HARRYBOLZ Sees Price Jump After Musk’s Update
The price of HARRYBOLZ experienced a sharp increase after Musk changed his profile name. The event led to increased trading volume and heightened interest from the crypto community. Investors responded quickly, contributing to the token’s rapid price movement.
According to a Lookonchain post on the X Space, a crypto wallet identified as “LeBron” was involved in a major transaction ahead of the surge. The wallet purchased 128.8 million HARRYBOLZ tokens for 25 SOL, valued at approximately $4,807, four days before the price increase.
Following the token’s appreciation, LeBron sold 109.8 million tokens for 3,649 SOL, worth about $737,000. The investor retained 18.97 million tokens, valued at roughly $277,000, bringing the total profit from the trade to approximately $1 million.
Pattern of High-Value Crypto Trades
BitTapGlobal noted that LeBron has previously made significant gains from cryptocurrency investments, including $8.9 million from MELANIA and $3.2 million from TRUMP. These transactions indicate a strategy of identifying profitable tokens early and executing high-reward trades.
The wallet’s success with HARRYBOLZ aligns with this approach, taking advantage of market reactions to social media activity. The rapid increase in HARRYBOLZ’s value coincided with Musk’s name change, leading to speculation and increased trading. The crypto community continues to monitor the token’s performance to determine whether the price will sustain its gains or undergo a correction.
