
Elon Musk
@elonmusk · · Original post · Share
KekSoftmax
📈 Market Reaction:
ETH
Before post: $3,011.42
DOGE
Before post: $0.20
GORK
Before post: $0.01
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's latest cryptographic utterance proves once again that markets will react to anything, even when the post is essentially nonsense. ETH dipped slightly: down 0.12% in 1 minute, 0.13% in 5 minutes, and a negligible 0.04% in 10 minutes. DOGE mirrored this with a 0.17% drop in the first minute, stabilizing at 0.09% down by the 10-minute mark. GORK, ever the contrarian, rose 0.35% initially and held steady around 0.38% up. Volatility here is tame compared to historical "kek" events, where ETH swung between 0.14% gains and 0.14% losses, DOGE danced unpredictably, and GORK once surged 2.12% only to crash 1.46% later. The real takeaway: investors will parse gibberish for hidden meaning, but sometimes a kek is just a kek.