After Elon Musk changed his social media nickname to Harry Bolz, the meme token market experienced a typical Pump & Dump situation.
The billionaire's move prompted risk-taking traders trading meme tokens to create hundreds of new tokens, one of which was created three days ago, according to Dex Screener.
As expected, the token prices initially rose sharply, but today, after Musk put his real name back on, they began to fall rapidly.
