
Elon Musk
@elonmusk · · Original post · Share
Wow

Net migration was 431,000 in 2024
📈 Market Reaction:
ETH
Before post: $4,395.46
DOGE
Before post: $0.21
GORK
Before post: $0.01
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's profound commentary on UK migration statistics once again sends crypto markets into a state of deep, meaningful contemplation. The immediate reaction was a collective shrug: ETH down 0.07% in the first minute, DOGE down 0.10%, while the ever-volatile GORK managed a fleeting 0.42% gain before joining the retreat. Over ten minutes, the moves remained remarkably tame, with losses capped at 0.33% for ETH and 0.47% for DOGE. This level of volatility is utterly pedestrian, especially when compared to the historical record of his other "wow" events, which have triggered everything from sharp reversals to near-total indifference. It seems the market has finally learned that not every sigh from the billionaire oracle requires a full portfolio rebalance.