> The paper does not analyze the transactions directly unless I'm missing that piece. It looks at transactions and attempts to classify coins as scam or not.

> The paper does not analyze the transactions directly unless I'm missing that piece. It looks at transactions and attempts to classify coins as scam or not. It doesn’t make any claims about the volume in scam coins. That’s more a clickbait headline and HN thread thing. It’s most trying to contribute an algorithm for identifying scam coins. See the appendix for features from the transactions that they used for their algorithm.