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 / 216504129297 USD / 10 % / 2.2092404197455 coins / 12785.45 USD
ETH / 112095002495 USD / 10 % / 24.541261397727 coins / 1150.965 USD
BCH / 34300553162 USD / 10 % / 14.01070064316 coins / 2016.04 USD
ADA / 18213754090 USD / 10 % / 40265.679998169 coins / 0.701494 USD
LTC / 11564613962 USD / 6.8282152273299 % / 91.641131671211 coins / 210.463 USD
XEM / 10979684999 USD / 6.4828495397949 % / 15095.144968898 coins / 1.213075 USD
NEO / 9679377500 USD / 5.7150954674102 % / 108.79161247132 coins / 148.384 USD
EOS / 9615471528 USD / 5.6773628001061 % / 1033.9931222097 coins / 15.50915 USD
XLM / 9524741437 USD / 5.6237920894037 % / 30033.792217667 coins / 0.5289055 USD
MIOTA / 8367358988 USD / 4.9404267398924 % / 4619.9134403027 coins / 3.020575 USD
DASH / 7281381110 USD / 4.2992215334351 % / 13.089950049516 coins / 927.707 USD
XMR / 6034863338 USD / 3.563227088668 % / 25.944594925703 coins / 387.932 USD
TRX / 5601160840 USD / 3.307151614752 % / 109584.15297235 coins / 0.0852443 USD
ICX / 3918644037 USD / 2.313725730219 % / 633.32546311386 coins / 10.31915 USD
BTG / 3851074615 USD / 2.2738300140525 % / 28.055749379692 coins / 228.926 USD
QTUM / 3743696248 USD / 2.2104294887048 % / 123.86023221974 coins / 50.4085 USD
ETC / 3588983669 USD / 2.1190809325611 % / 166.34223610283 coins / 35.98355 USD
LSK / 2990970180 USD / 1.7659896123358 % / 195.85834059808 coins / 25.4686 USD
XRB / 2621020499 USD / 1.5475563768253 % / 222.7904208526 coins / 19.62045 USD
VEN / 2256020688 USD / 1.3320457445091 % / 463.01056227545 coins / 8.126195 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
Next, a glance at the state of the market since its creation on the BitShares Decentralised Exchange
Stop hesitating and start trading on the Bit20 market !!!
