The “League of Legends S16 theme song MV” hit the trending list (No. 8), and $SAND from the blockchain gaming sector got dug up again.
For a trending topic to affect a coin’s price, it has to pass through three stages:
① Attention: Does the community start talking about it?
② Volume: Has trading volume increased noticeably?
③ Staying power: Can the buzz last a day or two?
$SAND is currently at 0.07106, down 3.57% over 24 hours. It’s only a genuine correlation if it passes all three stages; if it only gets as far as the first, the excitement often fades quickly.
Attention is a leading indicator; real money is the confirmation.
#SAND
Do your research before placing an order.
For a trending topic to affect a coin’s price, it has to pass through three stages:
① Attention: Does the community start talking about it?
② Volume: Has trading volume increased noticeably?
③ Staying power: Can the buzz last a day or two?
$SAND is currently at 0.07106, down 3.57% over 24 hours. It’s only a genuine correlation if it passes all three stages; if it only gets as far as the first, the excitement often fades quickly.
Attention is a leading indicator; real money is the confirmation.
#SAND
Do your research before placing an order.