Attention is the vanguard of liquidity.
“Why are central banks buying more gold when gold prices are falling?” started trending, and $PAXG , whose movements are tied to gold, also caught people’s attention.
In my experience, it’s not unusual for trading volume to surge during those few hours when a topic is trending. The key is how much volume remains after the buzz dies down. If it holds up, it means capital is sticking around; if little remains, it was just a passing fad.
$PAXG currently has a 24-hour trading volume of $17.77 million. Let’s compare again in a couple of days.
“Why are central banks buying more gold when gold prices are falling?” started trending, and $PAXG , whose movements are tied to gold, also caught people’s attention.
In my experience, it’s not unusual for trading volume to surge during those few hours when a topic is trending. The key is how much volume remains after the buzz dies down. If it holds up, it means capital is sticking around; if little remains, it was just a passing fad.
$PAXG currently has a 24-hour trading volume of $17.77 million. Let’s compare again in a couple of days.