Indices are very important for the analysis of stock in order to make an investment. As we all know, stocks are considered the most profitable as well as most risky investment as it involves high volatility and risk regarding price action. In the World of Stocks, Derivatives and Futures, there is something called S&P 500 , an index which tracks top 500 global stocks and their information. On the basis of this index, most of the trades happens and it determines the combined strength of Stock Market.
In the same way, Cryptocurrencies also need an index which can track the volatility and show some strength in the crypto market. Cryptocurrencies has surpassed the stock's volatility and risk, becoming the most volatile investment, prone to many risks. As there are no fundamental available to look in case of cryptocurrencies, most of the investors has to reply on Technical Analysis for investment and trade.
In this case, a crypto index will be more than helpful for investors to set-up a long and short position representing by the potential crypto index being introduced by Hedge Token (HDG) project.
Hedge Token (HDG) Overview
Hedge Token Project is a blockchain based platform which allows it's users to access an interface in order to analyse the cryptocurrencies information as well the price trends with ease and efficacy.
Hedge Token project is one of its kind and provide reliable insights at one place for all sorts of cryptocurrencies and ICO's alike.
Top 30 CryptoCurrency Index
Hedge Token project has introduced a crypto index in order to help people to analyse stocks prices as well as trends in the prices along with projects updates, work in progress as well as future plans.
Hedge Token has created an index tracking 30 most traded and strong cryptocurrencies as per market capitalisation. With this index, a whole lot of reliability can be introduced in the crypto space and now the investors can use it to know the general market trend for making effective intra-day trades as well as long term investments.
What Makes This Crypto Index Effective?
There are many features and uniqueness of this index which allows it's users to analyse crypto pricing with full accuracy and effectiveness. I am listing some of it's unique points below:
- Crypto index is made by professional traders and developers. I contains the highly qualitative information regarding any cryptocurrencies and it's project as a whole. So, it's reliable and effective at the same time.
- Hedge Token Project offers the first regulated CTIs (Crypto Traded Indices) and have presence in global markets setting standards in this newly emerging financial instruments.
- Crypto Index will be updates as per the changing trends and pricing effects in the market. It'll have professionals in the back to work 24*7 in order to keep it effective as per market conditions.
- The main objective of developing this index is reliability. It takes great amount of time to build a project but still greater amount of time to make it reliable and effective. Crypto index has contained hard work of many years to come into existence and offers reliability.
Hedge Token (HDG) Crowd Sale
Hedge Token began on 15th September 2017 and still running until 15th October 2017, for a whole month. This ICO will have entries for free and everyone is welcomed to make any investment into the project. There's no limit on investment except hard capital which is $15 Million.
All the deposits will be received in ETH only.
ICO Tokens Statistics
Total Supply: 50 Million HDG Tokens
Total ICO Supply: 20 Million HDG Tokens
Price Per Token: 0.002 ETH
Have a look on their website and whitepaper to get to know more about this project.