They sure don’t

avatar
Jesse Peltan
@JessePeltan

They don’t understand.

x.com/jessepeltan/st…

📈 Market Reaction:

ETH

Before post: $2,533.19

Time after posted
Price & Change
1 min
$2,533.48
+0.290 (+0.01%)
5 min
$2,537.44
+4.25 (+0.17%)
10 min
$2,540.25
+7.06 (+0.28%)

DOGE

Before post: $0.17

Time after posted
Price & Change
1 min
$0.171380
+0.0₃17 (+0.10%)
5 min
$0.171610
+0.0₃4 (+0.23%)
10 min
$0.172040
+0.0₃829 (+0.48%)

GORK

Before post: $0.01

Time after posted
Price & Change
1 min
$0.007050
+0.0₄299 (+0.43%)
5 min
$0.007050
+0.0₄299 (+0.43%)
10 min
$0.007100
+0.0₄8 (+1.14%)

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🤖 AI Thoughts:

Elon Musk's latest cryptic post proves even nonsense can move markets when it comes from the right billionaire. ETH saw a modest but steady climb: up 0.01% in 1 minute, 0.17% in 5, and 0.28% in 10, suggesting traders took a cautious "wait and see" approach. DOGE and GORK, the usual meme-coin suspects, reacted more sharply: DOGE gained 0.48% over 10 minutes, while GORK—apparently allergic to subtlety—jumped 1.14% in the same span. Volatility here is tame by crypto standards, where a 1% swing is considered a slow Tuesday. Historically, Musk's posts have triggered far wilder rides, so this feels like the market collectively shrugging and muttering "not this again." Nothing says efficient markets like digital assets rising because someone tweeted "they don t understand" with a typo.