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Current TCI50 Index Value
Top 50 Coins Included in TCI50 Calculation
Sr. No. | Logo | Name | Symbol | Current Price | Weight |
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About TCI50
The TCI50 (Top 50 Cryptocurrency Index) serves as a pivotal benchmark meticulously crafted to monitor the performance of the foremost 50 digital assets within the cryptocurrency sphere. It offers investors a comprehensive and inclusive outlook on the cryptocurrency market by encompassing the top 50 coins purely based on their market capitalization.
The index prioritizes market capitalization as the singular selection criterion, ensuring the inclusion of the most substantial and influential digital assets. This methodology omits subjective selection biases and instead adopts a market-driven approach, facilitating a balanced representation of the cryptocurrency landscape.
By eschewing subjective measures such as liquidity, project maturity, and regulatory compliance, the TCI50 index employs a transparent and objective approach, leveraging modified market capitalization weighting. This strategy minimizes overexposure risks and fosters inherent diversification within the index, allowing investors to gauge the performance of the broadest spectrum of prominent cryptocurrencies.
Calculation of TCI50 Index Value
The TCI50 Index value is calculated using a formula that takes into account the market capitalization and price of the top 50 cryptocurrencies. The calculation involves determining the total market capitalization of these assets and assigning weights to each asset based on its market cap within the total market cap.
The formula for calculating the index value is:
This methodology ensures that the index value accurately represents the performance of the top 50 cryptocurrencies while considering their individual market capitalizations and prices in the overall market.