“Young people buying gold care more about workmanship fees than brands” has made the trending list, and $PAXG , which is also affected by gold, has resurfaced.
For a hot topic to feed through to prices, it takes three steps:
① Attention: Will people on the community forum join the conversation?
② Trading: Can trading volume increase significantly?
③ Staying power: Can the buzz last for more than 24 hours?
$PAXG is currently at 4168.8, down 0.42% over 24 hours. It only counts as a genuine link if it clears all three hurdles. If it only makes it to the first, the excitement usually fades quickly.
Whether the discussion can stay active for several days is far more useful than a brief appearance in the rankings.
For a hot topic to feed through to prices, it takes three steps:
① Attention: Will people on the community forum join the conversation?
② Trading: Can trading volume increase significantly?
③ Staying power: Can the buzz last for more than 24 hours?
$PAXG is currently at 4168.8, down 0.42% over 24 hours. It only counts as a genuine link if it clears all three hurdles. If it only makes it to the first, the excitement usually fades quickly.
Whether the discussion can stay active for several days is far more useful than a brief appearance in the rankings.