SHUFFLUP Crypto Market Sentiment Index

SCMSIndex:

24 Hour Change:

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

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