It definitely does, but maybe not for everybody. I was doing daily releases for almost a year before finally switching over to weekly releases, and I (and quite a few of my readers) believe that there was a large improvement in quality, pacing, and satisfaction from having larger, weekly chapters over shorter, daily chapters. Daily and short releases are only really good for building up that initial momentum and getting onto lists. After that wears off, I think longer chapters with more time between them is the way to go.
I have managed to find a fairly good balance between number of releases and getting a strong readership. My trick is that I keep an absolute schedule and I inform my readers about my schedule in advance. It is not just the day I release the chapter that stays consistent, I also schedule the time of day for the release. If you do that, your regular readers will all be all over your new releases within the first 5 hours of posting, and the overall views you get over the day is enough to boost you in the ratings.
Since my series is strong enough to get boosted to the trending list by this release day boost, this also helps it out on the following day since the exposure of the trending list gives it some next day views. Also, since I now have a large number of chapters released, those new readers scored from the front-page exposure are likely still reading their way through the series the next release day as well.
I release 3 chapters a week, monday, wednsday, and friday. I have always done this since the 3rd week after I started my series, but now that the system has changed this just so happens to work exceedingly well with the new temporary system since there is a non-release day between the release days.
Well, it will certainly be fixed sooner or later. I never really expected my story to reach trending. I personally think my story is of questionable quality despite how much I try. Not really good at writing. This new temporary fix for trending is definitely welcome in my opinion. Seeing it allows for new stories to reach trending instead of always. Ero dungeon and World keeper top 1 and 2 and then whatever comes next, seeing trending was stale with rarely new series showing up in it before the change.
I have noticed, there are several little factors that make a series popular. It's not just the strength of your writing, it's also the title, the synopsis, the first paragraph of your story (specifically the first paragraph, it's called the "hook," and it has to be good,) your cover art, and of course your release rate. In the less cheap department, you also have the premise, the style, the genre, the tone, and the plot.
I watched your series for a little while. You actually did all of the other things spot-on perfect, and that made up for any weakness in your writing ability. Your premise, style, tone, and plot are all pretty good as well, which is why you have kept the readers who have already taken an interest. Basically, you've got all the other elements of good writing, it's just that you have a weak point in the area of the basic conventions. Now that you've attracted the attention, you can begin work on the basic conventions in order to polish it up to the rest of the standards and make your place on the top trending list feel more deserved.
EDIT: (The ironic thing is that the areas you are doing well in are the areas most people struggle the most on. This is fortunate. The basic conventions can be easily taught in a conventional manner. The other things like premise, style, tone, and plot are things that you need to know on a more instinctive level, and it is very hard for one author to teach another what makes those things good. It's very good that you have a firm handle on it already and only have to work on the area that's easiest to teach and learn.)
, it's kinda sad to think I probably wouldn't discovered your novel If you didn't have a backlog of chapters beforehand.
