daytonarbow
Newbie
- Mar 12, 2024
- 7
- 32
Is it really just based on traffic to that specific token page? Or is there more too it?
I'm wondering a bit more specifically how much trading volume influences these things, particularly on Solana where you have sites like Birdeye. I notice some hedge funds "market makers" tokens are 24/7 trending....I suppose it's possible but seems they would want to avoid doing more 'illegal' things like using proxies to spam a token to get it trendning and maybe it's based on the fake volume they generate from trading back and forth to each other.
Anyone have a clear idea on what goes into the algo logic as to what gets trending?
I'm wondering a bit more specifically how much trading volume influences these things, particularly on Solana where you have sites like Birdeye. I notice some hedge funds "market makers" tokens are 24/7 trending....I suppose it's possible but seems they would want to avoid doing more 'illegal' things like using proxies to spam a token to get it trendning and maybe it's based on the fake volume they generate from trading back and forth to each other.
Anyone have a clear idea on what goes into the algo logic as to what gets trending?