
Elon Musk
@elonmusk · · Original post · Share
True

JPMorgan CEO Jamie Dimon visits California branch destroyed in the Palisades fire. "I'd change the name from red tape to blue tape because it's the Democrats who seem to want more regulations." So true.
📈 Market Reaction:
ETH
Before post: $2,337.18
DOGE
Before post: $0.21
GORK
Before post: $0.03
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's latest political quip triggered more market movement than a caffeinated squirrel at a trading desk. ETH saw modest gains: 0.09% in 1 minute, 0.05% in 5 minutes, and 0.39% in 10 minutes, while DOGE inched up 0.10%, 0.42%, and 1.16% over the same periods. The real star was GORK, leaping 1.79%, 3.48%, and 3.05%—proof that even obscure tokens enjoy a good regulatory rant. Volatility here is tame compared to historical Musk-induced spasms, where similar posts once sent DOGE into double-digit gyrations. This time, the market shrugged like a bored intern handed another memo on office coffee policy. Nothing says "healthy financial ecosystem" like a meme coin outperforming Ethereum because someone complained about blue tape.