📈 Bit20 - The cryptocurrency index fund [2018/03/21 - revision]

in bitshares •  8 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 / 151679726009 USD / 10 % / 1.5135851277065 coins / 8943.265 USD
ETH / 54997829984 USD / 10 % / 24.208767549351 coins / 559.1525 USD
BCH / 18063667693 USD / 10 % / 12.782904586299 coins / 1058.945 USD
LTC / 9415834308 USD / 10 % / 80.218989215187 coins / 168.743 USD
ADA / 5271517909 USD / 6.8192689385113 % / 45291.351564172 coins / 0.20381 USD
XLM / 5020786225 USD / 6.4949208448279 % / 32694.135729948 coins / 0.26891 USD
NEO / 4925033750 USD / 6.3710548370053 % / 113.97181063122 coins / 75.6688 USD
EOS / 4467903740 USD / 5.7797085622004 % / 1306.0875243863 coins / 5.990135 USD
MIOTA / 3995546987 USD / 5.1686648762576 % / 4882.5733200737 coins / 1.432955 USD
XMR / 3552812997 USD / 4.595941384059 % / 27.765862112032 coins / 224.061 USD
DASH / 3408512594 USD / 4.4092734692422 % / 13.929218847609 coins / 428.4925 USD
XEM / 2760421500 USD / 3.5708987272927 % / 15797.07934753 coins / 0.3059875 USD
TRX / 2488598672 USD / 3.2192669962131 % / 114654.68014526 coins / 0.0380074 USD
ETC / 2032171662 USD / 2.6288301266586 % / 177.3979588286 coins / 20.05935 USD
VEN / 1938349177 USD / 2.5074607661178 % / 915.45294226105 coins / 3.70767 USD
QTUM / 1537241925 USD / 1.9885858857147 % / 131.17622624344 coins / 20.5207 USD
LSK / 1404731565 USD / 1.8171696451598 % / 180.49149400612 coins / 13.6283 USD
OMG / 1244781374 USD / 1.6102570655149 % / 178.56792476367 coins / 12.2066 USD
NANO / 1216349014 USD / 1.5734767846274 % / 233.11992359555 coins / 9.136585 USD
BTG / 1117203168 USD / 1.4452210905974 % / 29.79456335687 coins / 65.6599 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

rev_btwty_a.jpeg

rev_btwty_c.jpg

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

rev_btwty_b.jpeg

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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Thanks for the info I've never hear of Bit 20 market before ! Appreciate it :)