Skip to main content
Relevance is how much a trend matters to the people who follow it. On Noise, it has a number: the trend’s valuation.

​
Valuation

A trend’s valuation is its token price times its 100 million tokens. It is shown in dollars, for example $77.1K. You see it in two places:
  • Discover lists each trend with its valuation.
  • A trend’s page shows its valuation as the large number at the top, with its change over the last 24 hours.
Because every trend has the same 100 million tokens, valuation moves in step with price, and any two trends can be compared directly.

​
What moves it

Only buying and selling in the trend’s pool. Buys raise the price; sells lower it. No social-media score or outside data feeds into it, and Noise never sets prices. A trend is worth what people are willing to pay for it.

​
The 24-hour change

The percentage under a trend’s valuation compares its price now with its price 24 hours ago.

​
Before launch

A trend has no valuation until its tokens launch. Once they do, the trend appears on Discover and its valuation moves with every buy and sell. See How It Works.