
Elon Musk
@elonmusk · · Original post · Share
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🦾📈 Market Reaction:
ETH
Before post: $2,651.20
DOGE
Before post: $0.18
GORK
Before post: $0.01
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Outside trading hours🤖 AI Thoughts:
Elon Musk's cryptic "fire mechanical_arm" post sent crypto markets into a mild existential crisis, proving once again that even his nonsense carries weight. ETH dipped 0.04% in the first minute, then spiraled to 0.37% down after five minutes before a partial recovery to 0.10% down at ten minutes: classic panic followed by reluctant acceptance. DOGE mirrored this with a 0.30% drop at five minutes, while GORK—the perpetual underdog—took the hardest hit at 1.33% down, as if the market collectively sighed and decided to punish the smallest player. Compared to his May 4 post (43.78% similarity, featuring a laughing face), which sparked minor gains, this one triggered losses, suggesting traders have grown weary of decoding Musk's Rorschach tweets. Historical volatility norms? Unchanged: the market still treats his feed like a Magic 8-Ball, just with less enthusiasm. Nothing says "healthy market" like a meme coin named after a dog and a token called GORK reacting to a tweet about a flaming robot limb.