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 Litecoin
6 Binance Coin
7 Tether
8 EOS
9 Bitcoin SV
10 Monero
11 Stellar
12 Cardano
13 UNUS SED LEO
14 TRON
15 Dash
16 Ethereum Classic
17 Chainlink
18 Tezos
19 IOTA
20 NEO
21 NEM
22 Cosmos
23 Maker
24 USD Coin
25 Ontology
26 Crypto.com Chain
27 INO COIN
28 Zcash
29 V Systems
30 Dogecoin
31 VeChain
32 Basic Attention Token
33 Decred
34 Qtum
35 Huobi Token
36 Bitcoin Gold
37 HedgeTrade
38 TrueUSD
39 Paxos Standard Token
40 OmiseGO
41 Ravencoin
42 PLATINCOIN
43 ThoreCoin
44 Lisk
45 Algorand
46 KuCoin Shares
47 Nano
48 Bitcoin Diamond
49 BitTorrent
50 Waves
51 Energi
52 ICON
53 Insight Chain
54 THETA
55 Holo
56 0x
57 Lambda
58 Bytecoin
59 DigiByte
60 BitShares
61 HyperCash
62 Augur
63 Aurora
64 Mixin
65 Pundi X
66 IOST
67 Oasis City
68 Clipper Coin
69 Komodo
70 MonaCoin
71 ETERNAL TOKEN
72 EDUCare
73 Karatgold Coin
74 Nash Exchange
75 Siacoin
76 Bytom
77 Egretia
78 Verge
79 Quant
80 NEXT
81 Atlas Protocol
82 Dai
83 Qubitica
84 Bitbook Gambling
85 Beldex
86 Zilliqa
87 MaidSafeCoin
88 RIF Token
89 Flexacoin
90 Aeternity
91 Ardor
92 Status
93 Steem
94 GXChain
95 Metaverse ETP
96 Waltonchain
97 Ren
98 OKB
99 Crypto.com
100 Enjin Coin