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 Binance Coin
4 XRP
5 Tether
6 Cardano
7 Polkadot
8 Uniswap
9 Litecoin
10 Chainlink
11 Stellar
12 Bitcoin Cash
13 THETA
14 Filecoin
15 USD Coin
16 TRON
17 Dogecoin
18 Wrapped Bitcoin
19 VeChain
20 Solana
21 Klaytn
22 EOS
23 Terra
24 IOTA
25 Monero
26 Crypto.com Coin
27 BitTorrent
28 Aave
29 Binance USD
30 FTX Token
31 Bitcoin SV
32 Tezos
33 Cosmos
34 Neo
35 Avalanche
36 Algorand
37 Huobi Token
38 PancakeSwap
39 Elrond
40 NEM
41 Kusama
42 Bitcoin BEP2
43 Dai
44 Holo
45 Chiliz
46 THORChain
47 Dash
48 Hedera Hashgraph
49 Maker
50 Zcash
51 The Graph
52 Enjin Coin
53 Decred
54 Stacks
55 NEAR Protocol
56 Compound
57 Synthetix
58 Ethereum Classic
59 Zilliqa
60 Basic Attention Token
61 UNUS SED LEO
62 SushiSwap
63 Bitcoin Gold
64 Theta Fuel
65 Polygon
66 Nexo
67 TerraUSD
68 Decentraland
69 Celsius
70 0x
71 UMA
72 Waves
73 Ravencoin
74 yearn.finance
75 ICON
76 Ontology
77 KuCoin Token
78 Harmony
79 Qtum
80 OKB
81 Flow
82 OMG Network
83 Helium
84 Siacoin
85 Bancor
86 Dent
87 DigiByte
88 Pundi X[old]
89 Revain
90 Reserve Rights
91 Fantom
92 Ankr
93 Voyager Token
94 BTMX
95 Ren
96 SwissBorg
97 Celo
98 IOST
99 Conflux Network
100 Paxos Standard