
Elon Musk
@elonmusk · · Original post · Share
🤔
😂
Which is it?
📈 Market Reaction:
ETH
Before post: $3,420.42
DOGE
Before post: $0.20
GORK
Before post: $0.01
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's latest cryptic emoji post sent crypto markets into their usual state of mild panic followed by confusion. ETH dipped 0.20% in the first minute, then slid further to 0.22% after five minutes, before partially recovering to just 0.07% down at the ten-minute mark. DOGE and GORK followed suit with initial drops of 0.44% and 0.40%, respectively, though GORK’s five-minute slump of 0.70% took the crown for most dramatic overreaction. Historical context shows this is par for the course: past posts with nearly identical emojis triggered swings ranging from ETH’s 0.49% plunge to GORK’s 1.12% rally, proving the market’s ability to find meaning in even the vaguest of Musk’s musings. Nothing says efficient markets like traders frantically parsing a thinking face and tears of joy emoji combo.