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 Tether
5 Bitcoin Cash
6 Bitcoin SV
7 Litecoin
8 Cardano
9 Chainlink
10 Binance Coin
11 Crypto.com Coin
12 EOS
13 Tezos
14 Stellar
15 Monero
16 TRON
17 UNUS SED LEO
18 USD Coin
19 Huobi Token
20 VeChain
21 Neo
22 IOTA
23 Dash
24 Ethereum Classic
25 Zcash
26 Cosmos
27 HedgeTrade
28 Maker
29 NEM
30 Ontology
31 Dogecoin
32 Aave
33 Synthetix Network Token
34 Dai
35 Basic Attention Token
36 OKB
37 DigiByte
38 Compound
39 FTX Token
40 Ampleforth
41 Elrond
42 0x
43 Kyber Network
44 Qtum
45 THETA
46 BitTorrent
47 Algorand
48 Paxos Standard
49 Hyperion
50 Augur
51 OMG Network
52 Hedera Hashgraph
53 ICON
54 TrueUSD
55 Ren
56 Decred
57 Zilliqa
58 Bitcoin Gold
59 Waves
60 Bitcoin Diamond
61 Lisk
62 Binance USD
63 Enjin Coin
64 Loopring
65 The Midas Touch Gold
66 Flexacoin
67 Ravencoin
68 Nano
69 Bancor
70 Swipe
71 Siacoin
72 Holo
73 Terra
74 MonaCoin
75 HUSD
76 DxChain Token
77 Nexo
78 Bytom
79 ZB Token
80 Nervos Network
81 Divi
82 Verge
83 Celsius
84 Band Protocol
85 Blockstack
86 iExec RLC
87 Status
88 Kava.io
89 Horizen
90 Ocean Protocol
91 Quant
92 Aurora
93 MCO
94 IOST
95 Reserve Rights
96 Aragon
97 SwissBorg
98 Komodo
99 Energy Web Token
100 Unibright