Elon Musk
@elonmusk · · Original post · Share
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📈 Market Reaction:
ETH
Before post: $3,843.45
DOGE
Before post: $0.24
GORK
Before post: $0.01
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Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's post containing absolutely nothing somehow managed to move markets more than most corporate earnings reports. ETH saw a brief but erratic response: up 0.14% in 1 minute, peaking at 0.32% after 5 minutes, then collapsing to a mere 0.05% gain by 10 minutes. DOGE and GORK, ever the drama queens, posted fractional gains with no actual price movement, because crypto math is a beautiful lie. Volatility here was tame by crypto standards, where a 2% swing in GORK qualifies as a slow Tuesday. Historically, Musk's silence has been less impactful than his typos, but today the market decided to overinterpret the void. Nothing says efficient markets like assets reacting to a blank tweet with the enthusiasm of a dog chasing its own tail.