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 Cardano
4 Tether
5 Binance Coin
6 XRP
7 Solana
8 Polkadot
9 USD Coin
10 Dogecoin
11 Avalanche
12 Terra
13 Uniswap
14 Binance USD
15 Algorand
16 Chainlink
17 Litecoin
18 Bitcoin Cash
19 Cosmos
20 Wrapped Bitcoin
21 Internet Computer
22 Polygon
23 Filecoin
24 Stellar
25 TRON
26 FTX Token
27 Ethereum Classic
28 VeChain
29 Dai
30 THETA
31 Tezos
32 Elrond
33 Bitcoin BEP2
34 PancakeSwap
35 Monero
36 Crypto.com Coin
37 eCash
38 NEAR Protocol
39 EOS
40 Quant
41 Axie Infinity
42 Aave
43 Hedera Hashgraph
44 IOTA
45 The Graph
46 Fantom
47 Neo
48 SHIBA INU
49 Kusama
50 UNUS SED LEO
51 Klaytn
52 Bitcoin SV
53 TerraUSD
54 Waves
55 Maker
56 BitTorrent
57 Celo
58 Amp
59 Compound
60 Huobi Token
61 THORChain
62 Dash
63 Helium
64 Arweave
65 Chiliz
66 Stacks
67 Harmony
68 Revain
69 Decred
70 Zcash
71 XinFin
72 Theta Fuel
73 Holo
74 NEM
75 TrueUSD
76 Decentraland
77 OMG Network
78 Synthetix
79 SushiSwap
80 Enjin Coin
81 Celsius
82 IOST
83 Flow
84 Mina
85 Curve DAO Token
86 yearn.finance
87 ICON
88 Zilliqa
89 Qtum
90 Basic Attention Token
91 Ravencoin
92 OKB
93 Bitcoin Gold
94 Mdex
95 Pax Dollar
96 Telcoin
97 Audius
98 Perpetual Protocol
99 Horizen
100 KuCoin Token