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 Ethereum
3 Tether
4 USD Coin
5 BNB
6 XRP
7 Binance USD
8 Cardano
9 Solana
10 Dogecoin
11 Polkadot
12 Avalanche
13 Wrapped Bitcoin
14 TRON
15 Shiba Inu
16 Dai
17 Polygon
18 Litecoin
19 Cronos
20 UNUS SED LEO
21 NEAR Protocol
22 FTX Token
23 Uniswap
24 Bitcoin Cash
25 Chainlink
26 Stellar
27 Monero
28 Cosmos
29 Algorand
30 Flow
31 Ethereum Classic
32 ApeCoin
33 Hedera
34 Decentraland
35 Elrond
36 VeChain
37 Internet Computer
38 Filecoin
39 Tezos
40 The Sandbox
41 KuCoin Token
42 Zcash
43 Maker
44 PancakeSwap
45 EOS
46 Aave
47 Axie Infinity
48 Theta Network
49 TrueUSD
50 Klaytn
51 The Graph
52 Huobi Token
53 Fantom
54 BitTorrent-New
55 THORChain
56 Helium
57 Pax Dollar
58 Bitcoin SV
59 IOTA
60 eCash
61 Quant
62 Neutrino USD
63 STEPN
64 Nexo
65 Neo
66 Chiliz
67 OKB
68 Stacks
69 Zilliqa
70 Kusama
71 Loopring
72 Waves
73 Dash
74 Enjin Coin
75 PAX Gold
76 TerraUSD
77 Convex Finance
78 Gala
79 Harmony
80 Basic Attention Token
81 Celo
82 Amp
83 Curve DAO Token
84 Gnosis
85 Kava
86 Decred
87 XDC Network
88 Mina
89 Arweave
90 Kadena
91 Compound
92 NEM
93 Kyber Network Crystal v2
94 GateToken
95 Holo
96 Fei USD
97 Qtum
98 Lido DAO
99 1inch Network
100 USDD