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 / 150283003971 USD / 10 % / 1.8177964346433 coins / 8846.62 USD
ETH / 60954088271 USD / 10 % / 26.069085842653 coins / 616.8745 USD
BCH / 19203408728 USD / 10 % / 14.332374619791 coins / 1122.03 USD
EOS / 9368508455 USD / 9.2754048940945 % / 1286.6199929114 coins / 11.59325 USD
LTC / 8764579214 USD / 8.6774774583063 % / 89.372667553147 coins / 156.139 USD
ADA / 7810944833 USD / 7.7333202269614 % / 41172.604111127 coins / 0.302051 USD
XLM / 7298061395 USD / 7.2255337875537 % / 29534.416500538 coins / 0.393427 USD
MIOTA / 5464028426 USD / 5.4097273058384 % / 4414.8173314217 coins / 1.97054 USD
NEO / 5145133500 USD / 5.0940015345986 % / 103.39562826513 coins / 79.22815 USD
XMR / 4294448861 USD / 4.2517709381475 % / 25.454125228631 coins / 268.6175 USD
DASH / 3696659715 USD / 3.6599225775383 % / 12.745684414166 coins / 461.776 USD
XEM / 3665092500 USD / 3.6286690752428 % / 14323.247518328 coins / 0.407407 USD
TRX / 3591487311 USD / 3.555795369299 % / 104560.13804261 coins / 0.05468815 USD
VEN / 2073472818 USD / 2.0528667947762 % / 830.6882019472 coins / 3.97416 USD
ETC / 2009819096 USD / 1.9898456588715 % / 160.98713604655 coins / 19.877 USD
QTUM / 1798618359 USD / 1.7807438195536 % / 141.18781856621 coins / 20.28275 USD
OMG / 1649880100 USD / 1.6334837106372 % / 162.64751130936 coins / 16.15065 USD
BNB / 1431412061 USD / 1.417186791242 % / 181.33796068263 coins / 12.56785 USD
ICX / 1356407556 USD / 1.3429276755997 % / 607.07612574372 coins / 3.557395 USD
LSK / 1284083511 USD / 1.2713223817393 % / 167.28102999959 coins / 12.2217 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 !!!
