📈 Bit20 - The cryptocurrency index fund [2018/08/21 - revision]steemCreated with Sketch.

in bitshares •  2 months ago

On the 21st day of every month, Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. Some coins appear in the index and others disappear. Some of them gain weight and other lose some of it. This new composition swap with the previous one without any disturbance of the index price.

We have run this operation yesterday. Here is the new composition of the Bit20 Index Fund:

BTC / 108616782696 USD / 10 % / 1.0066758958892 coins / 6297.871140815 USD
ETH / 27847706102 USD / 10 % / 23.173660013707 coins / 273.582812086 USD
BCH / 8939375020 USD / 10 % / 12.283668221626 coins / 516.1255545565 USD
EOS / 4310714444 USD / 10 % / 1335.4226685354 coins / 4.74749697025 USD
XLM / 4033394674 USD / 10 % / 29455.392774143 coins / 0.2152378385 USD
LTC / 3130452365 USD / 8.5223290329981 % / 100.36588657548 coins / 53.83387138385 USD
ADA / 2430657886 USD / 6.6172117815131 % / 44992.748924296 coins / 0.0932429374 USD
XMR / 1518729842 USD / 4.1345830942734 % / 28.234698871982 coins / 92.8393314846 USD
MIOTA / 1395177418 USD / 3.7982245468874 % / 4805.9145051812 coins / 0.50105804065 USD
TRX / 1367774940 USD / 3.7236241675791 % / 113838.7604024 coins / 0.02073763005 USD
ETC / 1297865949 USD / 3.5333042539692 % / 179.88062734439 coins / 12.4531747679 USD
DASH / 1181893692 USD / 3.2175819181484 % / 14.307756877879 coins / 142.574383079 USD
NEO / 1126890071 USD / 3.0678403148551 % / 112.41446856021 coins / 17.30190722105 USD
BNB / 919546769 USD / 2.5033698689257 % / 165.23622869016 coins / 9.60512866385 USD
XEM / 906908445 USD / 2.4689633541492 % / 15506.508636382 coins / 0.10094482485 USD
XTZ / 835556185 USD / 2.274714291692 % / 1048.1458211238 coins / 1.375905445 USD
VET / 725507544 USD / 1.9751183806594 % / 95398.082701334 coins / 0.01312613675 USD
ZEC / 602199339 USD / 1.639424693949 % / 7.9901346665851 coins / 130.0830807205 USD
OMG / 516018213 USD / 1.4048055953107 % / 242.62327608752 coins / 3.6708547967 USD
LSK / 411000076 USD / 1.1189047050902 % / 189.42526165118 coins / 3.74488637 USD

The composition is sent in the BitShares Blockchain so the witnesses can read it and publish the price in the decentralised exchange. This system guarantees decentralisation and prevents any market manipulation. Here it is:

http://cryptofresh.com/u/bittwenty.feed

You will find on the website the composition with the updated price of each coin and the total value of the index

Next, a glance at the state of the market since its creation on the BitShares Decentralised Exchange

Stop hesitating and start trading on the Bit20 market !!!


www.bittwenty.com

BitShares Decentralised Exchange pair (BTWTY : BTS)

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With appreciation, Blocktivity

Blocktivity

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Interesting. I appreciate your thoughts.
dubloon135