The RootData hot search list, based on millions of users, is becoming a barometer for gauging community consensus

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2024-05-23 20:09:35
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With the rapid growth of user traffic on RootData, the RootData hot search list based on millions of search requests is becoming a barometer for investors to gauge community consensus trends and an important indicator of the project's community influence.

Author: flowie, ChainCatcher

Editor: Marco, ChainCatcher

In the cryptocurrency field, narratives or projects that embody community consensus will be an investment hotspot that cannot be ignored.

However, when it comes to determining whether community consensus has formed, Leaf, a user in the crypto community, candidly stated that it has always been a significant challenge for him. On one hand, the noise on social media platforms like X and Telegram is overwhelming, with too many "ads" misleading users.

On the other hand, data platforms targeting the secondary market and areas like DeFi and public chains cover a limited number of projects, and the readability of the data is generally poor and often lagging, making it difficult to intuitively judge the trend of community consensus.

Recently, with multiple popular projects like UXLINK, BOB, and Xterio being featured on the RootData trending list, Leaf began to pay attention to this trend list that reflects the market interest in quality projects.

Through the RootData trending list, Leaf can quickly understand the projects with the most community heat and consensus over the past day, three days, or a specific week, enabling him to make investment decisions that align with market trends.

Currently, RootData has accumulated over 1.5 million users, with the latest monthly active users reaching 300,000. Leaf stated that the RootData trending list has a vast data sample for analyzing user search and browsing data. Coupled with its very intuitive and timely presentation, "it is one of the must-view contents for daily investment research."

How does the RootData trending list help the community assess a project's real impact?

Since its launch, users can not only learn about the trending projects over the past day, three days, and weekly through the RootData "list" page, but they can also follow RootData's official X platform and other social media channels to receive timely updates on project details from the trending list.

In addition to the trending list page and official X platform content, RootData also sends out brief weekly and monthly reports to help users better understand the most market-relevant projects each week or month.

For timely feedback on hot topics in the crypto market, the RootData trending list is becoming an important indicator for crypto KOLs in their project research.

Recently, many crypto KOLs have shared on the X platform how they use the RootData trending list to discover projects. They can not only find the projects or narratives with the most community consensus through the RootData trending list but also complete their research directly on the RootData platform without needing to switch platforms, thus improving research efficiency.

Moreover, the RootData trending list is currently one of the most favored sections among RootData community users. According to feedback from several community users, on one hand, the RootData trending list is very intuitive, allowing them to directly query basic information about projects they are interested in without spending too much time. On the other hand, the trend updates on the RootData trending list are very timely, ensuring that investments keep pace with market trends.

For instance, looking at the 12 weekly Top 20 project trending lists published by RootData in the first quarter, the search volume for popular projects is generally driven by mainstream narratives, project changes, and price performance trends, showing a positive correlation with the market.

The search popularity on RootData is also highly correlated with secondary token prices, even showing some foresight. For example, among the 12 projects with issued tokens in the first quarter, the search popularity trends for projects like Pyth Network, Manta Network, and Jupiter provide certain reference value for investors to estimate their subsequent secondary token price performance.

As the RootData trending list has become essential viewing for many investors, project teams can also use the RootData trending list to more objectively assess their influence in the crypto community.

Many projects have also begun to enthusiastically promote their inclusion in the RootData trending list as proof of their influence, announcing their rankings on the X platform or other official channels to gain more user attention and recognition.

"Next, RootData will continue to upgrade the algorithm for search rankings, expand the range of data sources, and enhance the influence, SEO, and utility scenarios of the RootData trending list," revealed Pan, co-founder of RootData.

In addition, information platforms like ChainCatcher have also integrated the RootData trending list API data, allowing the RootData trending list to cover a larger traffic volume from the crypto community.

As RootData's user traffic grows rapidly, the RootData trending list, based on millions of search requests, is becoming a barometer for investors to judge community consensus trends and an important indicator for project teams to prove their community influence.

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