ShufflUp Crypto Market Sentiment Index

SCMSIndex:

24 Hour Change:

*Index value and chart get auto updated every 5 minutes!

Be among the first few to embed world's first crypto market index in your website for free!

Just click the following code to copy and embed the 260 x 175px widget into your site:

© 2018 ShufflUp

Weighting method: Price-weighted

Following is the calculation method:

For this example we are taking number of constituents to be : 3.

Suppose Price of 

Coin A = $10

 

Coin B = $20

 

Coin C = $30

 

So initially the index would be = (10+20+30)/3 = 20(correct index).

After 6 hours the price of B becomes $5. 

Now our index is = (10+5+30)/3 = 15(correct index).

It reflects the market health correctly as it shows the market is down.

 

Now after 6 more hours, Coin B loses it’s MarketCap and as a result it is out of the top 3 list and is replaced by coin D with $40 price.

 

So now the index is = (10+40+30)/3 =26.67(wrong index).

Our index should not increase just because a new constituent(coin) got added to the list as it does not reflect the correct market health. 

So, we would adjust the divisor. Now the new divisor would be (New price summation/last known correct index) = (10+40+30)/15=5.34 

The adjusted divisor = 5.34. 

Hence the new correct index would be = (10+40+30)/5.34 = 15(see just the inclusion of new coin didn’t change our index which means our index value is correct). 

Our algorithm automatically adjusts the divisor whenever there occurs a change in the top 100 coin list!

Number of Constituents: 100( Based on highest marketcap)

Current Constituents:

Coin Rank Coin Name
1 Bitcoin
2 Ethereum
3 Tether
4 Binance Coin
5 Cardano
6 Dogecoin
7 XRP
8 USD Coin
9 Polkadot
10 Uniswap
11 Bitcoin Cash
12 Litecoin
13 Solana
14 Binance USD
15 Chainlink
16 Polygon
17 THETA
18 Stellar
19 Wrapped Bitcoin
20 Internet Computer
21 VeChain
22 Ethereum Classic
23 Dai
24 Filecoin
25 TRON
26 Monero
27 EOS
28 Amp
29 Aave
30 SHIBA INU
31 Neo
32 Theta Fuel
33 Algorand
34 PancakeSwap
35 Bitcoin SV
36 FTX Token
37 Crypto.com Coin
38 IOTA
39 Kusama
40 Maker
41 Tezos
42 Cosmos
43 Bitcoin BEP2
44 UNUS SED LEO
45 Terra
46 Klaytn
47 Avalanche
48 Huobi Token
49 TerraUSD
50 BitTorrent
51 Waves
52 THORChain
53 The Graph
54 Chiliz
55 Hedera Hashgraph
56 Decred
57 Zcash
58 Dash
59 Telcoin
60 Celsius
61 Compound
62 TrueUSD
63 Elrond
64 yearn.finance
65 NEM
66 Holo
67 NEAR Protocol
68 Helium
69 Zilliqa
70 SushiSwap
71 Enjin Coin
72 Mdex
73 Decentraland
74 Synthetix
75 Nexo
76 Revain
77 Stacks
78 Basic Attention Token
79 Bitcoin Gold
80 Horizen
81 Quant
82 XinFin Network
83 Paxos Standard
84 Fantom
85 Nano
86 OKB
87 Bancor
88 Harmony
89 Qtum
90 BakeryToken
91 DigiByte
92 Ontology
93 Curve DAO Token
94 HUSD
95 UMA
96 0x
97 OMG Network
98 Siacoin
99 SwissBorg
100 KuCoin Token