Today’s top gainer leaderboard is led by two newcomers: $TUT is up 60% over the past 24 hours, with trading volume of more than $17 million; $CREAM is up 65%, with trading volume of only $270k.
Same rate of increase, two different types of markets. The first is built from real money stacked up; the latter is more like paper wealth. If you want to chase it, first assess whether the counter orders you’re up against are thick enough.
When looking at the gainers leaderboard, don’t focus on percentage alone—whether volume can keep up is what determines how far it can go.
#TUT #CREAM #Market Update
Same rate of increase, two different types of markets. The first is built from real money stacked up; the latter is more like paper wealth. If you want to chase it, first assess whether the counter orders you’re up against are thick enough.
When looking at the gainers leaderboard, don’t focus on percentage alone—whether volume can keep up is what determines how far it can go.
#TUT #CREAM #Market Update