“Phantom Blade Zero surpasses 830,000 concurrent players on Steam” is trending, and $SAND from the blockchain gaming sector has also been mentioned.
For buzz to translate into price movement, it has to clear three hurdles:
① Discussion: Does the community join in?
② Trading volume: Does the trading value increase as well?
③ Staying power: Can the buzz last more than 24 hours?
$SAND is currently priced at 0.04628, up +0.17% over 24 hours. It only counts as a genuine correlation if it clears all three hurdles. If it only makes it through the first, the buzz will probably blow over quickly.
Taking a cool-headed view of the buzz is harder—and more worthwhile—than rushing to follow it.
Do your homework before placing an order.
For buzz to translate into price movement, it has to clear three hurdles:
① Discussion: Does the community join in?
② Trading volume: Does the trading value increase as well?
③ Staying power: Can the buzz last more than 24 hours?
$SAND is currently priced at 0.04628, up +0.17% over 24 hours. It only counts as a genuine correlation if it clears all three hurdles. If it only makes it through the first, the buzz will probably blow over quickly.
Taking a cool-headed view of the buzz is harder—and more worthwhile—than rushing to follow it.
Do your homework before placing an order.