📈 Bit20 - The cryptocurrency index fund [2017/12/21 - revision]
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 / 279428963799 USD / 10 % / 1.7516685592493 coins / 16678.3 USD
ETH / 78696452188 USD / 10 % / 35.811798930393 coins / 815.7885 USD
BCH / 65136451389 USD / 10 % / 7.5652243247786 coins / 3861.73 USD
LTC / 17132770071 USD / 10 % / 92.75837689245 coins / 314.9565 USD
MIOTA / 13939789094 USD / 8.5108025525769 % / 4957.804969595 coins / 5.01516 USD
ADA / 12460264903 USD / 7.6074934582677 % / 46245.71279167 coins / 0.480589 USD
DASH / 11987525722 USD / 7.3188671525735 % / 13.850799090801 coins / 1543.735 USD
XEM / 8626207499 USD / 5.2666470279057 % / 16053.160130823 coins / 0.9584675 USD
BTG / 7462947904 USD / 4.5564302044175 % / 29.819333267074 coins / 446.4065 USD
XMR / 7134650390 USD / 4.3559913526304 % / 27.653178347577 coins / 460.199 USD
EOS / 6578632424 USD / 4.0165199953235 % / 983.25828870399 coins / 11.934 USD
QTUM / 4889075666 USD / 2.9849775615216 % / 131.54296151841 coins / 66.29445 USD
NEO / 4876927250 USD / 2.9775604643758 % / 115.93948984716 coins / 75.02965 USD
XLM / 4511653710 USD / 2.7545462598095 % / 31854.295533441 coins / 0.2526305 USD
ETC / 4257149232 USD / 2.5991610279098 % / 175.72662197699 coins / 43.2115 USD
TRX / 3398721314 USD / 2.0750562178261 % / 117274.02915075 coins / 0.051693 USD
LSK / 2258057445 USD / 1.3786349949185 % / 207.16773984576 coins / 19.44155 USD
XVG / 2152891620 USD / 1.3144270240648 % / 25710.397933223 coins / 0.149359 USD
ZEC / 1936673244 USD / 1.1824169990948 % / 5.1353501629637 coins / 672.6735 USD
OMG / 1802449022 USD / 1.100467706784 % / 182.01171379827 coins / 17.6637 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 prevent 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
Good to know!Thank you for info, we will definitely try trading there;)
I am waiting for the wonderful continuation...
Amazing pos is the best
It's great i would like to use it :)