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 / 111925151855 USD / 10 % / 0.93764842699691 coins / 6457.372451005 USD
ETH / 21004018392 USD / 10 % / 29.604105679014 coins / 204.523831487 USD
BCH / 7760525069 USD / 10 % / 13.585874606598 coins / 445.664728738 USD
EOS / 4848426517 USD / 10 % / 1131.256081079 coins / 5.3522321095 USD
XLM / 4616258471 USD / 10 % / 24782.097362332 coins / 0.2443193178 USD
LTC / 3124206855 USD / 8.1478463342042 % / 92.871066349982 coins / 53.12002411445 USD
ADA / 1972752873 USD / 5.1448857295859 % / 40947.301274918 coins / 0.07607576275 USD
XMR / 1708163549 USD / 4.4548439834151 % / 26.049084403558 coins / 103.5466139865 USD
TRX / 1571654157 USD / 4.0988312093532 % / 103916.55391131 coins / 0.02388202585 USD
MIOTA / 1370420640 USD / 3.5740196812102 % / 4389.0470139395 coins / 0.4930404746 USD
DASH / 1293660286 USD / 3.3738307699189 % / 13.252294355448 coins / 154.144519025 USD
BNB / 1271215330 USD / 3.3152949363606 % / 206.58841826941 coins / 9.71654946075 USD
NEO / 1078331882 USD / 2.8122601606062 % / 102.65279186634 coins / 16.58748698155 USD
ETC / 1013528942 USD / 2.643255859153 % / 166.47243301424 coins / 9.61374819095 USD
XEM / 857080833 USD / 2.2352434545426 % / 14213.325102306 coins / 0.09521930515 USD
XTZ / 794335420 USD / 2.0716051274318 % / 959.54427790228 coins / 1.3071873104 USD
ZEC / 634808720 USD / 1.6555638413939 % / 7.9853201027337 coins / 125.530560611 USD
VET / 636155009 USD / 1.6590749264156 % / 87705.790630016 coins / 0.0114533781 USD
DOGE / 529331313 USD / 1.380481638501 % / 184175.73199688 coins / 0.00453830935 USD
MKR / 488335525 USD / 1.2735657406503 % / 1.1499153568011 coins / 670.5811787925 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 prevents 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 on the BitShares Decentralised Exchange
Stop hesitating and start trading on the Bit20 market !!!
www.bittwenty.com
BitShares Decentralised Exchange pair (BTWTY : BTS)
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With appreciation, Blocktivity
How the BTWTY is managed? Some real money is spent to buy those cryptocurrencies, right? So the current gain is 0.9%?
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