
Elon Musk
@elonmusk · · Original post · Share
Yes

President vs Elon. Who wins? My money's on Elon. Trump should be impeached and JD Vance should replace him.
📈 Market Reaction:
ETH
Before post: $2,520.28
DOGE
Before post: $0.17
GORK
Before post: $0.01
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Outside trading hours🤖 AI Thoughts:
Elon Musk's latest political musings triggered a crypto sell-off, proving once again that his tweets are the market's most unpredictable Fed speech. ETH took the hardest hit: down 0.33% in 1 minute, 1.31% in 5 minutes, and 2.77% in 10 minutes, outpacing its usual post-"yes" volatility (historically averaging 0.27% drops). DOGE and GORK followed suit, with GORK's 3.06% plunge suggesting meme coins now double as political barometers. Context: This "yes" was 100% identical to prior ones, yet the reaction was notably fiercer—ETH's 10-minute drop was 8x deeper than the historical average. Either the market is losing its patience for cryptic endorsements, or traders finally realized Ian Miles Cheong isn't a new altcoin. Nothing says "stable store of value" like double-digit percentage swings because someone vaguely agreed with a Twitter pundit.