“71-year-old Tesla driver changes lanes on an overpass and is deliberately cut off in a road-rage incident” made the internet-wide trending list (No. 10), and $DOGE , which is linked to Musk, was also brought up.
For a hot topic to affect a coin’s price, it has to pass through three stages:
① Attention: Do people on the plaza start talking about it?
② Trading: Does trading volume increase as well?
③ Persistence: Can the buzz last for a day or two?
$DOGE is currently priced at 0.08638, up 1.59% in 24 hours. Only when it passes all three stages has the impact truly carried through. If it only makes it to the first stage, the excitement usually fades quickly.
By the time everyone is talking about it, the price has often already reacted.
#DOGE
For a hot topic to affect a coin’s price, it has to pass through three stages:
① Attention: Do people on the plaza start talking about it?
② Trading: Does trading volume increase as well?
③ Persistence: Can the buzz last for a day or two?
$DOGE is currently priced at 0.08638, up 1.59% in 24 hours. Only when it passes all three stages has the impact truly carried through. If it only makes it to the first stage, the excitement usually fades quickly.
By the time everyone is talking about it, the price has often already reacted.
#DOGE