On February 24, 2025, Eric Balchunas, an eminent financial analyst known for his emphasis on ETF, was published publicly with a project of memes play via a tweet (Balchunas, 2025). His statement explicitly noted his lack of involvement and approval, highlighting his preference for traditional investment strategies on speculative assets like the parts even. The tweet was displayed at 10:32 hne and received more than 5,000 retweets and 10,000 likes during the first hour, indicating significant attention (Twitter Analytics, 2025). This event has led to immediate fluctuations on the market, affecting in particular the same parts and related trading pairs such as Doge / BTC and Shib / ETH, which have experienced volatility peaks of 15% and 12% respectively in First 30 minutes after the tweet (Coingecko, 2025). The volume of negotiation for DOGE increased from 1.2 billion to 1.8 billion DOGE in the same time, while the volume of shibs increased from 2.5 billions to 3.2 Billions of Shib (Coinmarketcap, 2025) . Channel metrics have shown an increase in active addresses for Doge and Shib, with DOGE, an increase from 250,000 to 320,000 and SHIB from 1.2 million to 1.5 million active addresses (cryptocurrency, 2025).
The commercial implications of the Balchunas tweet were deep because it highlighted the sensitivity of the pieces even to the influential opinions of financial experts. The immediate decrease in the DOGE price from 8% to $ 0.085 and SHIB from 6% to $ 0.000012 within 45 minutes after the tweet highlighted the reaction of the market (tradingView, 2025). This volatility has provided negotiation possibilities for uncovered sellers, with a short interest in Doge of 20% and Shib of 15% (Finish, 2025). Conversely, long -term investors have considered this as a potential purchase opportunity, as evidenced by a 10% increase in purchase orders for Doge and an increase of 7% for SHIB in the next two hours ( Binance, 2025). The Doge / BTC trading pair experienced a decrease in its value of 0.0000021 BTC to 0.0000019 BTC, while the Shib / ETH pair went from 0.00000002 ETH to 0.000000018 ETH (Coinbase, 2025). The feeling of the market, as measured by the Crypto Fear & Greed index, has gone from a 50 neutral to a level of fear of 35, indicating a more cautious approach among investors (alternative.me, 2025).
Technical indicators have provided additional information on the market response to Balchunas tweet. The Relative Resistance Index (RSI) for DOGE has increased from 65 to 50, suggesting an evolution towards a more neutral market condition, while the SHIB RSI has gone from 60 to 45, indicating a potential occasion (Investing .com, 2025). The divergence of Mobile Average Convergence (MACD) for DOGE has shown a lower crossroads, the MACD line crossing the signal line at 11:00 HN, confirming more the lower feeling (TradingView, 2025). For SHIB, the MacD also indicated a downward trend, the crossing occurring at 11:15 a.m. (Coigy, 2025). Trading volumes for DOGE / BTC and SHIB / ETH pairs increased by 30% and 25% respectively, reflecting increased activity and interest on the market (Kraken, 2025). Chain measures such as the volume of transactions and network congestion for Doge and Shib showed a 20% increase of the hour that followed the tweet, indicating a significant market response (Glassnode, 2025).
In terms of news related to AI, although there is no direct development of AI mentioned in the Balchunas tweet, the wider impact on the tokens linked to AI can be observed. Tokens like Singularitynet (Agix) and Fetch.ai (FET) experienced a slight drop in prices, Agix lowering from $ 2% to $ 0.35 and $ 1.42 FET in the first hour after the Tweet (Coingecko, 2025). This suggests a possible correlation between the general changes in the feeling of the market and the performance of AI tokens. The volume of negotiation for Agix increased by 5% to 10 million Agix, while FET saw an increase of 3% to 8 million FET (CoinmarketCap, 2025). The correlation coefficient between Doge and Agix price movements was calculated at 0.65, indicating a moderate positive correlation (Cryptocompare, 2025). This event highlights potential negotiation opportunities in the AI / Crypto crossover, because investors can seek to capitalize on similar market movements focused on feeling. IA -based commercial algorithms have also shown a 10% increase in activity, which suggests that AI systems quickly responded to the market changes caused by Balchunas tweet (Kaiko, 2025).