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: +46.99 Weekly High: 2596.18 Weekly Low: 2366.33

(Update 2021-10-25 08:00:04 UTC)

Constituents

Last updated 2021-10-25 08:00:04 UTC

# Symbol Name Price Market Cap Weight Change(day)
1
ETH
Ethereum $4,149.84 $489,955,795,727 20 1.83 %
2
BNB
Binance Coin $483.36 $80,625,619,616 8.78 1.46 %
3
ADA
Cardano $2.15 $70,808,907,857 9.1 1.43 %
4
SOL
Solana $208.08 $62,623,860,732 5.95 3.52 %
5
XRP
XRP $1.10 $51,494,595,813 6.27 1.38 %
6
DOT
Polkadot $43.61 $43,063,499,268 4.27 2.57 %
7
DOGE
Dogecoin $0.2686 $35,414,362,238 4.1 0.50 %
8
LUNA
Terra $43.34 $17,392,108,049 2.7 4.40 %
9
UNI
Uniswap $26.41 $16,152,966,606 2.57 1.85 %
10
AVAX
Avalanche $66.24 $14,591,330,334 2.61 2.90 %
11
LINK
Chainlink $30.66 $14,134,276,939 2.14 3.29 %
12
WBTC
Wrapped Bitcoin $62,719.11 $13,910,596,599 1.91 2.87 %
13
LTC
Litecoin $194.22 $13,367,351,108 2.06 2.17 %
14
BUSD
Binance USD $0.9999 $12,864,015,053 2.4 0.08 %
15
BCH
Bitcoin Cash $623.34 $11,769,622,717 1.97 1.10 %
16
ALGO
Algorand $1.86 $11,443,343,955 2.01 2.09 %
17
MATIC
Polygon $1.63 $11,046,816,905 1.65 3.31 %
18
XLM
Stellar $0.3792 $9,150,128,953 1.43 1.77 %
19
VET
VeChain $0.1354 $8,708,668,067 1.31 2.05 %
20
ATOM
Cosmos $34.74 $7,763,749,488 1.77 1.37 %
21
ICP
Internet Computer $44.28 $7,717,218,904 1.64 1.86 %
22
AXS
Axie Infinity $126.54 $7,707,000,631 1 1.95 %
23
FTT
FTX Token $63.82 $7,674,415,177 1.33 3.49 %
24
FIL
Filecoin $63.37 $7,410,523,673 1.42 0.90 %
25
ETC
Ethereum Classic $55.95 $7,298,862,522 1.31 1.97 %
26
TRX
TRON $0.1010 $7,237,790,928 1.38 1.83 %
27
THETA
THETA $6.65 $6,654,396,780 1.04 2.93 %
28
BTCB
Bitcoin BEP2 $62,802.86 $6,600,831,820 1 2.97 %
29
XTZ
Tezos $6.55 $5,665,808,288 1.09 1.35 %
30
XEC
eCash $0.0002 $197,340,000 1 3.44 %

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.