ChainDD Cryptocurrency Index (DDCI) In the past year, crypto asset has achieved considerable development and worldwide attention, and the maximum market value has reached 600 billion US dollars. Many personal investors hope to step in this business, but one main problem is the lack of a reasonable market system as reference. By selecting the most representative mainstream cryptocurrency in the market and real-time date of exchanges, calculate ChainDD Cryptocurrency Index with market-weighted method. Which can represent the overall price trend of the market and facilitate the tracking of digital asset investors.
ChainDD Cryptocurrency Index is used to reflect the overall price trend of the main trading currencies of the major exchanges in crypto currency market, and also can reflect the market trend fluctuations of the entire market with significance meaning. The DDCI index is calculated from June 26, 2018, 00:00, and the benchmark is 1,000 points.
ChainDD Cryptocurrency Index Sample Selection Rules: 1. The selected cryptocurrency must be traded normally for more than 3 months. 2. The selected cryptocurrency should be COIN from open source public chain or Token from existing open source public chain test network. 3. The selected cryptocurrency must be USDT pairs. 4. The selected cryptocurrency cannot be defined by the regulatory authority as a “securities” token. 5. Selected exchanges: Biance, Okex, Huobipro, Bitfinex, BitMex.
ChainDD Cryptocurrency Index Sample Selection Sample selection method: 1. All crypto currencies are divided into four sections: mainstream currency, public chain currency, application currency, and exchange currency. 2. The first sample: Mainstream currencies: BTC, ETH, LTC, BCH. Public chain currency: EOS, ADA, NEO. Application currency: XRP, XLM. Exchange currency: OKB, HT, BNB.