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: +0.36 Weekly High: 960.54 Weekly Low: 934.72

(Update 2022-09-30 03:00:05 UTC)

Constituents

Last updated 2022-09-30 03:00:05 UTC

# Symbol Name Price Market Cap Weight Change(day)
1
ETH
Ethereum $1,329.07 $162,924,179,931 20 -0.45 %
2
BNB
BNB $284.10 $45,836,394,260 12.53 0.47 %
3
XRP
XRP $0.4798 $23,940,027,368 5.14 9.28 %
4
BUSD
Binance USD $0.9995 $21,032,096,106 5.92 -0.05 %
5
ADA
Cardano $0.4380 $14,998,820,897 4.83 0.88 %
6
SOL
Solana $34.17 $12,126,934,287 3.78 0.91 %
7
DOGE
Dogecoin $0.0605 $8,026,176,594 3.05 0.74 %
8
DOT
Polkadot $6.43 $7,215,286,747 2.97 0.82 %
9
MATIC
Polygon $0.7772 $6,788,064,447 2.81 2.77 %
10
TRX
TRON $0.0613 $5,661,086,732 2.46 2.20 %
11
AVAX
Avalanche $17.41 $5,150,675,930 2.41 0.96 %
12 +1
UNI
Uniswap $6.30 $4,803,565,202 2.14 -0.92 %
13 -1
WBTC
Wrapped Bitcoin $19,404.21 $4,758,027,980 2.23 0.01 %
14 +1
LEO
UNUS SED LEO $4.40 $4,195,745,513 2.37 4.78 %
15 +2
LINK
Chainlink $7.80 $3,836,050,167 1.63 -0.49 %
16 +2
LTC
Litecoin $53.74 $3,830,243,993 1.93 -0.01 %
17 -1
ETC
Ethereum Classic $27.65 $3,791,024,523 2.1 0.41 %
18 -4
ATOM
Cosmos $12.73 $3,644,743,487 1.7 0.95 %
19
FTT
FTX Token $24.21 $3,242,982,087 1.8 0.23 %
20 +1
XLM
Stellar $0.1143 $2,911,825,876 1.31 5.37 %
21 +1
NEAR
NEAR Protocol $3.58 $2,814,975,280 1.7 0.40 %
22 -2
CRO
Cronos $0.1107 $2,797,500,073 1.54 0.18 %
23
XMR
Monero $147.87 $2,688,441,299 1.35 -0.21 %
24
ALGO
Algorand $0.3496 $2,423,441,438 1 1.90 %
25
BCH
Bitcoin Cash $117.26 $2,249,905,610 1.09 1.04 %
26
FLOW
Flow $1.71 $1,769,945,343 1.06 -1.88 %
27 +1
VET
VeChain $0.0233 $1,688,279,922 1 -0.24 %
28 -1
FIL
Filecoin $5.75 $1,675,330,825 1 0.31 %
29
ICP
Internet Computer $6.11 $1,602,613,885 1 0.40 %
30
SHIB
Shiba Inu $0.0000 $11,120,000 1 0.72 %

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.

Your message has been sent!

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.