Elon Musk updated his X profile to Harry Bōlz and his action inspired investors to invest in many new meme tokens. According to GeckoTerminal markets data these Bōlz scheme coins skyrocketed quickly but then dropped fast due to trader activity.
At the same time Elon Musk changed usernames he attracted attention for his political actions against Edward Coristine who became the U.S. State Department’s special diplomatic advisor.
As a DOGE Department of Government Efficiency (DOGE) employee Edward Coristine faces criticism for lacking proper credentials and ran into problems regarding leaked information during his career.
Musk’s ‘Harry Bōlz’ Persona and Media Criticism
Multiple sources show that government authorities worry about Coristine’s classified data access because he lacks experience on top of possible foreign influence risks. According to the White House all DOGE employees have proper security access to perform legal duties.
The public sees Musk choosing ‘Harry Bōz’ as an online attack on media reports linked to Thomas Coristine’s appointment. The name selected as a fun joke about crude language has always made people notice it. Since April 2023 Tesla and SpaceX CEO Elon Musk has taken on this identity multiple times which spurred widespread interest in its background.
After making these antics Musk showed again his power to affect the cryptocurrency trading market. Past price jumps of meme coins associated with Musk online activity have brought success to certain investors but also cost money for those who invested when prices plummeted.
Right after naming himself ‘Kekius Maximus’ the previous year Musk’s decision created an 1200% increase for that coin’s value in just 24 hours.
Musk keeps affecting both online and real-life cryptocurrency trading patterns through his social media expressions. People respond rapidly both online and in markets when Elon Musk performs his social media actions no matter their true intent.
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