Attention is the vanguard of liquidity.
“Musk suddenly drops bombshell details about Masayoshi Son” ranked No. 8 on the trending list, and $DOGE , which is related to Musk, drew attention as well.
My observation: It’s no surprise that trading volume surges during those few hours on the trending list. The key is how much volume remains after the buzz fades. If a lot remains, it means real capital has settled in; if little remains, it was just a passing gust of wind.
$DOGE currently has 24-hour trading volume of $12.77 million. I’ll check back later for comparison.