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

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!

Coin Rank | Coin Name |
---|---|

1 | Bitcoin |

2 | Ethereum |

3 | XRP |

4 | Tether |

5 | Bitcoin Cash |

6 | Litecoin |

7 | EOS |

8 | Binance Coin |

9 | Bitcoin SV |

10 | Stellar |

11 | Tezos |

12 | TRON |

13 | Cardano |

14 | Monero |

15 | UNUS SED LEO |

16 | Chainlink |

17 | Cosmos |

18 | Huobi Token |

19 | 999 |

20 | NEO |

21 | IOTA |

22 | Maker |

23 | USD Coin |

24 | Dash |

25 | Ethereum Classic |

26 | Ontology |

27 | Crypto.com Coin |

28 | VeChain |

29 | HedgeTrade |

30 | MINDOL |

31 | NEM |

32 | INO COIN |

33 | Dogecoin |

34 | Basic Attention Token |

35 | Zcash |

36 | Paxos Standard |

37 | Decred |

38 | Synthetix Network Token |

39 | Insight Chain |

40 | Qtum |

41 | TrueUSD |

42 | PRIZM |

43 | Centrality |

44 | 0x |

45 | Algorand |

46 | Ravencoin |

47 | ThoreNext |

48 | ThoreCoin |

49 | FTX Token |

50 | Augur |

51 | Holo |

52 | Karatgold Coin |

53 | Nano |

54 | Cryptonex |

55 | Seele |

56 | OmiseGO |

57 | Bitcoin Gold |

58 | Mixin |

59 | EDUCare |

60 | ABBC Coin |

61 | V Systems |

62 | ZB Token |

63 | DigiByte |

64 | Lisk |

65 | Dimension Chain |

66 | KuCoin Shares |

67 | Bytom |

68 | LUNA |

69 | GAPS |

70 | Bitcoin Diamond |

71 | Molecular Future |

72 | Swipe |

73 | THETA |

74 | 1irstcoin |

75 | Komodo |

76 | MCO |

77 | Beldex |

78 | Verge |

79 | Clipper Coin |

80 | IOST |

81 | ICON |

82 | BitTorrent |

83 | Siacoin |

84 | MonaCoin |

85 | Enjin Coin |

86 | DxChain Token |

87 | Single Collateral DAI |

88 | Bytecoin |

89 | Zilliqa |

90 | Waves |

91 | Nexo |

92 | BitShares |

93 | Quant |

94 | OKB |

95 | Flexacoin |

96 | HyperCash |

97 | Energi |

98 | MaidSafeCoin |

99 | Bitbook Gambling |

100 | MineBee |