Attention is a leading indicator of liquidity.
“Turn the Tesla Roadster into a game” climbed to No. 9 on the trending searches, and $DOGE , which is associated with Musk, resurfaced.
My observation: It’s common for trading volume to spike during the few hours a topic is trending. The key is how much volume remains after the buzz dies down. If it holds, it means real capital has settled in; if not, it’s just a passing gust of wind.
$DOGE currently has a 24-hour trading volume of $57.56 million. Let’s compare again in a couple of days.
“Turn the Tesla Roadster into a game” climbed to No. 9 on the trending searches, and $DOGE , which is associated with Musk, resurfaced.
My observation: It’s common for trading volume to spike during the few hours a topic is trending. The key is how much volume remains after the buzz dies down. If it holds, it means real capital has settled in; if not, it’s just a passing gust of wind.
$DOGE currently has a 24-hour trading volume of $57.56 million. Let’s compare again in a couple of days.