Open that 24-hour social buzz ranking, and among the top twenty spots there’s a row of stock tickers: QQQ, SPY, SNDK, SOXL, GS, UBER, APP, BABA, COST, MU, HIMS.
$DOGE is tucked into the middle—not exactly a star of the ranking.
The ranking is based on discussion volume on the platform; capital flows and market capitalization aren’t part of its criteria.
The more something gets mentioned, the higher it climbs, so it’s no surprise that stock tickers appear alongside tokens: in the same app, people following U.S. stocks and people following crypto share one discussion ranking.
It reflects the distribution of discussion interest; right now, $DOGE isn’t at the center of the conversation.
Check again in a couple of days, and $DOGE will be in a different spot—the sample and time window are recalculated every day.
#Dogecoin #DOGE $DOGE
DYOR; this is just my personal understanding.
$DOGE is tucked into the middle—not exactly a star of the ranking.
The ranking is based on discussion volume on the platform; capital flows and market capitalization aren’t part of its criteria.
The more something gets mentioned, the higher it climbs, so it’s no surprise that stock tickers appear alongside tokens: in the same app, people following U.S. stocks and people following crypto share one discussion ranking.
It reflects the distribution of discussion interest; right now, $DOGE isn’t at the center of the conversation.
Check again in a couple of days, and $DOGE will be in a different spot—the sample and time window are recalculated every day.
#Dogecoin #DOGE $DOGE
DYOR; this is just my personal understanding.