So the signalling on Tinder is your profile - pictures and description, they monetise the ability to signal to more people. And, as you alluded to, they absolutely don’t make that action public since amplifying your signal on a dating app reeks of desperation.
If one wants to have Tinder Hot badge you need to go on five dates and be rated 5 stars for each. You would be signalling you are attractive and others think so. (I expect this is already done through some count or left / right swipe ratio)
(I can see that leading to some horrible coercion issues so I would oppose it but you get this idea)
This sounds like a random interpretation, it might just as well be seen as "dating is important enough for me that I'm happy to spend money on it".
People apparently get perceived value from super likes etc, so I have some doubts it actually hurts their chances.
My personal experience (more than a few data points) suggests that that's not true. Tinder is full of boring, commodity thirst, and differentiation matters a lot.
It's such an odd dynamic but I'm thankful for it since it gives me more information about a guy.