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