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 XRP
3 Ethereum
4 Stellar
5 Tether
6 Bitcoin Cash
7 EOS
8 Bitcoin SV
9 Litecoin
10 TRON
11 Cardano
12 Monero
13 IOTA
14 NEM
15 Binance Coin
16 Dash
17 Ethereum Classic
18 NEO
19 Zcash
20 Dogecoin
21 Maker
22 Tezos
23 TrueUSD
24 VeChain
25 Bitcoin Gold
26 USD Coin
27 OmiseGO
28 0x
29 Paxos Standard Token
30 Basic Attention Token
31 Waves
32 Ontology
33 Qtum
34 Decred
35 Lisk
36 Nano
37 Bitcoin Diamond
38 Zilliqa
39 Bytecoin
40 DigiByte
41 ICON
42 BitShares
43 Aurora
44 Factom
45 Siacoin
46 Aeternity
47 Verge
48 Gemini Dollar
49 Pundi X
50 Chainlink
51 Steem
52 QASH
53 Bytom
54 MaidSafeCoin
55 Augur
56 Populous
57 Stratis
58 Golem
59 Komodo
60 Revain
61 Holo
62 Cryptonex
63 WAX
64 Decentraland
65 Dai
66 Electroneum
67 Huobi Token
68 DEX
69 Status
70 Ardor
71 IOST
72 MobileGo
73 Bitcoin Private
74 KuCoin Shares
75 ODEM
76 Insight Chain
77 Nexo
78 Waltonchain
79 Elastos
80 Mithril
81 Linkey
82 STASIS EURS
83 Wanchain
84 Metaverse ETP
85 QuarkChain
86 Ravencoin
87 Ark
88 THETA
89 Polymath
90 Bancor
91 ReddCoin
92 MOAC
93 PIVX
94 Aion
95 Centrality
96 aelf
97 Crypto.com
98 TenX
99 GXChain
100 Nxt