📈 Bit20 - The cryptocurrency index fund [2018/08/21 - revision]

in #bitshares6 years 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 / 125924266492 USD / 10 % / 1.3234044566164 coins / 7326.915 USD
ETH / 45373111591 USD / 10 % / 21.581454483286 coins / 449.2965 USD
BCH / 13234976145 USD / 10 % / 12.65274875188 coins / 766.353 USD
EOS / 7044017296 USD / 10 % / 1237.6647317502 coins / 7.83449 USD
XLM / 5049761972 USD / 8.8617414571817 % / 32133.649303867 coins / 0.267407 USD
LTC / 4756826411 USD / 8.3476738200158 % / 98.295061520169 coins / 82.34695 USD
ADA / 4176151033 USD / 7.3286564685209 % / 44333.050712376 coins / 0.1602915 USD
MIOTA / 2672785202 USD / 4.6904253234186 % / 4745.3207484047 coins / 0.95843 USD
TRX / 2290621474 USD / 4.0197726925368 % / 112046.33107964 coins / 0.03478705 USD
NEO / 2153414250 USD / 3.7789900671601 % / 110.86011584155 coins / 33.05325 USD
XMR / 2100476659 USD / 3.6860907884596 % / 27.859398483939 coins / 128.2945 USD
DASH / 2031373750 USD / 3.5648232679522 % / 13.994133266615 coins / 247.005 USD
ETC / 1661325228 USD / 2.9154314061656 % / 176.05325237479 coins / 16.0573 USD
XEM / 1525783500 USD / 2.6775715314119 % / 15321.560592614 coins / 0.169454 USD
XTZ / 1248860783 USD / 2.1916045620218 % / 1026.4342198495 coins / 2.070355 USD
BNB / 1154980410 USD / 2.026855491067 % / 162.92120138867 coins / 12.0631 USD
OMG / 943859945 USD / 1.6563637753142 % / 238.88786290336 coins / 6.72319 USD
VEN / 925109429 USD / 1.6234588134759 % / 942.24609707382 coins / 1.67067 USD
ZEC / 807151939 USD / 1.4164572191208 % / 7.5189485313513 coins / 182.667 USD
QTUM / 691831486 USD / 1.2140833161769 % / 151.36834438785 coins / 7.77727 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

Screenshot_2018-07-21 BITTWENTY.png

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

shot-20180721-7354-x2o4l3.jpeg

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


www.bittwenty.com

BitShares Decentralised Exchange pair (BTWTY : BTS)

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Blocktivity

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