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 XRP
3 Ethereum
4 Bitcoin Cash
5 EOS
6 Stellar
7 Tether
8 Litecoin
9 TRON
10 Bitcoin SV
11 Cardano
12 IOTA
13 Binance Coin
14 Monero
15 Dash
16 NEO
17 NEM
18 Ethereum Classic
19 Maker
20 USD Coin
21 Zcash
22 Tezos
23 Waves
24 Dogecoin
25 VeChain
26 TrueUSD
27 Ontology
28 Bitcoin Gold
29 Qtum
30 Augur
31 Zilliqa
32 OmiseGO
33 0x
34 Chainlink
35 Decred
36 Basic Attention Token
37 Lisk
38 Paxos Standard Token
39 Bitcoin Diamond
40 Bytecoin
41 Nano
42 Steem
43 ICON
44 DigiByte
45 BitShares
46 Verge
47 Stratis
48 Aeternity
49 Siacoin
50 Revain
51 Gemini Dollar
52 Status
53 Bytom
54 Holo
55 IOST
56 Komodo
57 Populous
58 Pundi X
59 Dai
60 Aurora
61 Golem
62 ODEM
63 Electroneum
64 Cryptonex
65 Ardor
66 PayPie
67 Factom
68 MaidSafeCoin
69 Loopring
70 Huobi Token
71 HyperCash
72 Waltonchain
73 REPO
74 Insight Chain
75 Mixin
76 Ark
77 Power Ledger
78 PIVX
79 Dentacoin
80 Project Pai
81 Decentraland
82 KuCoin Shares
83 Aion
84 Crypto.com
85 WAX
86 MonaCoin
87 Zcoin
88 Apollo Currency
89 DigixDAO
90 Wanchain
91 TenX
92 ReddCoin
93 Nexo
94 THETA
95 Bancor
96 Polymath
97 Ravencoin
98 STASIS EURS
99 Linkey
100 GXChain