Structure, not price
Most crypto tools try to predict where prices will go. We don't.
banger.today measures how the market is structured — which tokens move together, how many independent groups exist, and whether the noise underneath is healthy or stressed.
What we measure
Every day, we take the return correlations of 900+ tokens and decompose them into their structural components. Six measurements come out. The three most visible:
Concentration — how much of the market moves as one block. High concentration means everything follows Bitcoin. Low concentration means tokens are doing their own thing.
Voices — how many independent groups of tokens exist. One voice means a single narrative drives everything. Multiple voices means the market has real diversity.
Stress — whether the noise structure underneath is healthy. When noise deviates from its natural pattern, the measurement itself becomes less reliable.
Certified bangers
Every token gets ranked by its structural position — how much independent signal it carries versus noise. The top 15% earn the certified banger label. This means the token has real structural presence, not a buy call and not a price forecast.
Structural signals
When a token's structural position changes — rising from noise to signal, or falling from signal to noise — that transition is a structural signal. In backtesting so far, these transitions carry more information than individual metrics, and are independent of price momentum.
What this is not
This is not financial advice. Rising structural position does not imply a rising price. A certified banger is not a buy recommendation. We measure what the market IS, not what it will do.