SuperCryptoNews
SCN30 Index
Created to measure the performance of specially curated altcoins
Introduction
The SuperCryptoNews 30 Altcoin Index (“SCN30 Index”) is created to measure the performance of specially curated altcoins (see Selection Criteria) so as to present the state of cryptocurrencies which are pioneers in trailblazing the mass adoption theme. For an altcoin to be included in the SCN30 Index represents a huge milestone and accolade as the selection process is rigorous. The SCN30Index is owned and administered by the Novum Group.
The SCN30 Index is officially launched on 1st January 2020.
Formula
The SCN30 Index is calculated using the Laspeyres formula.
Price Index = Index Price on day t
Wi,t = Weight of Index Constituent on the day of Pricing
Pi,o and Pi,t = End of Day Price for Index Constituent on the first day and the day of Pricing
Qi,o = Volume for Index Constituent on first day
100 = Base Value for the Laspeyres formula
\[Laspeyres\ Price\ Index = { \sum (Wi,t) \times (Pi,t) \times (Qi,0) \over \sum (Pi,0) \times (Qi,0)} \times 100\]
24h Change: -4.05 Weekly High: 1208.90 Weekly Low: 1138.46
(Update 2023-06-09 11:00:03 UTC)
Constituents
Last updated 2023-06-09 11:00:03 UTC
| # | Symbol | Name | Price | Market Cap | Weight | Change(day) |
|---|---|---|---|---|---|---|
| 1 |
ETH
|
Ethereum | $1,844.06 | $221,710,053,529 | 20 | -0.31 % |
| 2 |
BNB
|
BNB | $260.77 | $40,643,045,860 | 12.79 | -0.95 % |
| 3 |
XRP
|
XRP | $0.5275 | $27,422,959,937 | 7.72 | 0.26 % |
| 4 |
ADA
|
Cardano | $0.3159 | $11,027,271,857 | 4.36 | -2.46 % |
| 5 |
DOGE
|
Dogecoin | $0.0681 | $9,509,905,964 | 3.62 | 0.10 % |
| 6 |
SOL
|
Solana | $19.14 | $7,622,979,314 | 3.2 | 1.04 % |
| 7 |
MATIC
|
Polygon | $0.7858 | $7,299,559,358 | 3.2 | 0.39 % |
| 8 |
TRX
|
TRON | $0.0778 | $7,010,036,139 | 2.84 | 0.23 % |
| 9 |
LTC
|
Litecoin | $88.38 | $6,461,139,881 | 2.8 | -0.29 % |
| 10 |
DOT
|
Polkadot | $5.02 | $5,987,556,782 | 2.73 | -0.30 % |
| 11 |
BUSD
|
Binance USD | $0.9999 | $4,864,048,996 | 2.45 | 0.00 % |
| 12 |
AVAX
|
Avalanche | $13.94 | $4,807,904,728 | 2.37 | -0.34 % |
| 13 |
WBTC
|
Wrapped Bitcoin | $26,626.22 | $4,176,242,513 | 2.23 | 0.16 % |
14
 +1
|
LEO
|
UNUS SED LEO | $3.53 | $3,288,073,474 | 1.77 | -0.02 % |
15
 -1
|
ATOM
|
Cosmos | $9.35 | $3,242,474,906 | 1.95 | -1.31 % |
| 16 |
LINK
|
Chainlink | $5.99 | $3,099,534,921 | 1.82 | -0.27 % |
| 17
+1
|
OKB
|
OKB | $44.96 | $2,697,330,049 | 1.53 | 0.41 % |
| 18
-1
|
UNI
|
Uniswap | $4.61 | $2,663,297,020 | 1.6 | -0.49 % |
| 19 |
XMR
|
Monero | $143.08 | $2,616,880,835 | 1.49 | -0.44 % |
| 20 |
ETC
|
Ethereum Classic | $17.05 | $2,410,369,594 | 1.43 | 0.32 % |
| 21 |
XLM
|
Stellar | $0.0871 | $2,339,992,420 | 1.4 | -0.15 % |
| 22 |
BCH
|
Bitcoin Cash | $111.04 | $2,155,740,229 | 1.26 | -0.55 % |
| 23 |
TON
|
Toncoin | $1.68 | $2,053,250,965 | 1.28 | 0.19 % |
| 24
+1
|
LDO
|
Lido DAO | $2.23 | $1,959,698,673 | 1.09 | 2.79 % |
| 25
-1
|
ICP
|
Internet Computer | $4.21 | $1,839,754,215 | 1.19 | 0.75 % |
| 26 |
FIL
|
Filecoin | $4.09 | $1,756,806,127 | 1.17 | -0.32 % |
| 27 |
APT
|
Aptos | $7.71 | $1,546,579,992 | 1 | 0.29 % |
| 28 |
HBAR
|
Hedera | $0.0489 | $1,545,879,310 | 1 | 0.42 % |
| 29 |
CRO
|
Cronos | $0.0583 | $1,473,835,124 | 1 | -0.69 % |
| 30 |
SHIB
|
Shiba Inu | $0.0000 | $7,940,000 | 1 | -0.13 % |
Submission
An altcoin project may submit to the SCN30 Index team for consideration into the SCN30 Index.
Our team will conduct a preliminary evaluation and will follow up if the submission meets our internal evaluation criteria.
Data Source
The SCN30 Index acquires all market data from:
- Binance
- CoinMarketCap
We may add or remove a Data Source if we believe by doing so, it would enhance or maintain the integrity of the SCN30 Index. The market data is acquired and computed internally on an hourly basis from the Data Sources.
Disclaimer
The SCN30 Index is created for information purpose only. It is not intended as an investment guide nor does it imply that each of the Index Constituent is a worthy investment. The SCN30 Index does not constitute any form of financial advice or metrics. Nothing in the SCN30 Index or any related information shall be construed as an offering of financial instruments, investment advice or recommendations. In addition, the data points and any information presented maybe flawed and imperfect. The user assumes all risks and losses which may result from the consumption of any data, information or documents presented on the SCN30 Index.
