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 Ripple
4 Bitcoin Cash
5 EOS
6 Litecoin
7 Stellar
8 Cardano
9 TRON
10 IOTA
11 NEO
12 Dash
13 Monero
14 Tether
15 NEM
16 VeChain
17 Ethereum Classic
18 Binance Coin
19 Bytecoin
20 Qtum
21 Zcash
22 OmiseGO
23 ICON
24 Lisk
25 Zilliqa
26 Ontology
27 Bitcoin Gold
28 Aeternity
29 Decred
30 0x
31 Steem
32 Verge
33 Bytom
34 Nano
35 Siacoin
36 BitShares
37 Populous
38 Bitcoin Private
39 Wanchain
40 Stratis
41 Bitcoin Diamond
42 Maker
43 Waves
44 RChain
45 Augur
46 Golem
47 Dogecoin
48 DigiByte
49 Mixin
50 Waltonchain
51 Aion
52 Status
53 IOStoken
54 Basic Attention Token
55 Hshare
56 DigixDAO
57 Loopring
58 Nebulas
59 Komodo
60 aelf
61 Ardor
62 Ark
63 WaykiChain
64 Loom Network
65 Dentacoin
66 PIVX
67 Skycoin
68 Cortex
69 Fusion
70 MaidSafeCoin
71 Bancor
72 Syscoin
73 CyberMiles
74 Cryptonex
75 MonaCoin
76 Gas
77 Polymath
78 Kyber Network
79 GXChain
80 Huobi Token
81 Elastos
82 ReddCoin
83 Mithril
84 Ethos
85 QASH
86 FunFair
87 Veritaseum
88 Holo
89 Kin
90 Substratum
91 Centrality
92 Dragonchain
93 Enigma
94 ZCoin
95 Factom
96 MyBit Token
97 Nuls
98 Electroneum
99 Storm
100 iExec RLC