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 Tether
4 USD Coin
5 BNB
6 XRP
7 Cardano
8 Binance USD
9 Solana
10 Polkadot
11 Dogecoin
12 Avalanche
13 Dai
14 Polygon
15 Uniswap
16 Shiba Inu
17 TRON
18 Wrapped Bitcoin
19 Ethereum Classic
20 UNUS SED LEO
21 Litecoin
22 NEAR Protocol
23 Chainlink
24 FTX Token
25 Cronos
26 Cosmos
27 Stellar
28 Flow
29 Monero
30 Bitcoin Cash
31 Algorand
32 VeChain
33 ApeCoin
34 Filecoin
35 Internet Computer
36 Decentraland
37 The Sandbox
38 Tezos
39 Hedera
40 Theta Network
41 Elrond
42 Quant
43 Axie Infinity
44 Aave
45 EOS
46 TrueUSD
47 Bitcoin SV
48 Zcash
49 OKB
50 Maker
51 Helium
52 KuCoin Token
53 Fantom
54 The Graph
55 IOTA
56 Pax Dollar
57 THORChain
58 BitTorrent-New
59 Chiliz
60 eCash
61 Klaytn
62 Neo
63 Lido DAO
64 USDD
65 Curve DAO Token
66 Neutrino USD
67 Huobi Token
68 Basic Attention Token
69 Waves
70 Stacks
71 PancakeSwap
72 Enjin Coin
73 Loopring
74 PAX Gold
75 Mina
76 Zilliqa
77 Dash
78 STEPN
79 Kava
80 Oasis Network
81 Kusama
82 Decred
83 Bitcoin Gold
84 Celsius
85 Celo
86 Arweave
87 Convex Finance
88 Nexo
89 Trust Wallet Token
90 1inch Network
91 NEM
92 Synthetix
93 Holo
94 Gnosis
95 Compound
96 Gala
97 Qtum
98 Kadena
99 yearn.finance
100 Fei USD