“NRG vs LOUD VCT Championship” hit the top trending searches across the internet (No. 4), and $SAND from the blockchain gaming sector was also brought up.
For buzz to affect prices, it has to pass through three stages:
① Discussion: Does the community join in?
② Trading: Does trading volume pick up?
③ Staying power: Can the topic keep going for a day or two?
$SAND is currently at 0.06734, down 1.89% over 24h. It only counts as a genuine link if it passes all three stages. If it only makes it through the first, it will probably blow over quickly.
Whether discussion continues for several days matters far more than a brief spell at the top of the rankings.
#SAND
This is solely my personal opinion and should not be taken as a basis for trading.
For buzz to affect prices, it has to pass through three stages:
① Discussion: Does the community join in?
② Trading: Does trading volume pick up?
③ Staying power: Can the topic keep going for a day or two?
$SAND is currently at 0.06734, down 1.89% over 24h. It only counts as a genuine link if it passes all three stages. If it only makes it through the first, it will probably blow over quickly.
Whether discussion continues for several days matters far more than a brief spell at the top of the rankings.
#SAND
This is solely my personal opinion and should not be taken as a basis for trading.