“Guangzhou TTG defeats Hangzhou LGD.NBW KPL” hit the trending charts across the internet (No. 3), and $SAND in the blockchain gaming sector was mentioned as well.
For a hot topic to affect a token’s price, it has to pass through three stages:
① Attention: Does the community start discussing it?
② Trading: Does trading volume increase noticeably?
③ Follow-through: Can the discussion continue for a day or two?
$SAND is currently priced at 0.06841, down 0.42% over 24 hours. Only if it passes all three stages can the effect be considered meaningful. If it only reaches the first stage, it will probably blow over quickly.
It’s more important to stay calm about the hype than to rush in and follow it.
Data is from public sources; please verify it yourself.
For a hot topic to affect a token’s price, it has to pass through three stages:
① Attention: Does the community start discussing it?
② Trading: Does trading volume increase noticeably?
③ Follow-through: Can the discussion continue for a day or two?
$SAND is currently priced at 0.06841, down 0.42% over 24 hours. Only if it passes all three stages can the effect be considered meaningful. If it only reaches the first stage, it will probably blow over quickly.
It’s more important to stay calm about the hype than to rush in and follow it.
Data is from public sources; please verify it yourself.