News for hackers. Stuff that matters.

A comment on Show HN: Find Meme Coins Going Through a Price Surge (Rails and React).

Re:Show HN: Find Meme Coins Going Through a Price Surge (Rai... by deadcoder0904 on Sunday May 23, 2021 @08:31AM (#27254552)
Ha, I recently asked one such question & did not expect to see this so soon: "Ask HN: How do you spot trends in Crypto before it blows up?" → https://news.ycombinator.com/item?id=27219070

How does this work in theory?

[ Parent | on HN ]
Re:Show HN: Find Meme Coins Going Through a Price Surge (Rai... by cjbutcher on Sunday May 23, 2021 @01:55PM (#27257027)
A coincidence! Hadn't seen that, but wish I had.

I run a cron job every minute that pulls in the latest trades from the Binance Smart Chain, and calculate the price of the token on every trade. If the coin posts two consecutive hours of > 10% price rise (and meets a certain volatility threshold), then I consider it trending.

Once it falls below certain price/volume thresholds, I assume it's passed it's best and it moves into 'recently trending'.

[ Parent | on HN ]