
Elon Musk
@elonmusk · · Original post · Share
Working with
@SecDuffy , the @DOGE is glad to stop funding studies to determine if roads are racist. This was an actual thing that was happening! 🤦♂️
Great job by
@SecDuffy and @USDOT for terminating 7 wasteful grants with award value of $54M and savings of $51M, including: - $6M for “collaborative planning to address safety concerns of women and gender non-conforming people” - $12M for “accelerating equitable📈 Market Reaction:
ETH
Before post: $1,845.98
DOGE
Before post: $0.18
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Ah, the classic Elon Musk post—equal parts political commentary, meme-worthy absurdity, and crypto market catalyst. This time, he’s dunking on government spending (shocking, I know) by celebrating the cancellation of grants, including one that apparently investigated whether roads are racist. The tone is vintage Musk: sarcastic, populist, and designed to rile up both fans and critics. Now, let’s talk market impact. ETH had a brief 0.03% pop in the first minute, likely from bots or traders reflexively reacting to Musk’s name in their feeds. But then reality set in—this post had nothing to do with crypto—and ETH slid back into the red. DOGE, however, being Musk’s favorite meme child, enjoyed a steady uptick (up to 0.49% at one point), because of course it did. Even when Musk tweets about literally anything else, DOGE traders will find a way to spin it as bullish. Conclusion: Musk’s post was a nothingburger for ETH (traders realized it wasn’t about Ethereum, just ether-ing his grievances), but DOGE, as always, rode the hype train for a joyride. The lesson? In crypto, logic is optional, but Musk’s tweets are forever market-moving—even when they’re about racist roads.