On Monday, CryptoWire, a cryptocurrency research, analytics and awareness app, announced the launch of India’s first cryptocurrency index, IC15, to strengthen knowledge about the Blockchain ecosystem. According to the firm, the index will consist of SHIB, DOT, SOL, BTC, ETH and 10 cryptocurrencies and will include IC15 components. Here are the details and the list…
SHIB, BTC and 13 altcoins are listed in the IC15 index
According to the statements of CryptoWire, the index is 15 liquid cryptocurrencies listed on the world’s most liquid cryptocurrency exchanges. It is preparing to monitor and measure the performance of its unit. Capturing more than 80 percent of market movement, the index is therefore a key market monitoring and evaluation tool to increase transparency. CryptoWire also shares that the base value of the index is set at 10,000 and the base date is April 1, 2018.
Binance lists 9 altcoin pairs on Jan. Details at Kryptokoin.com .
Cryptocurrencies in the IC15 index
According to the official announcement of CryptoWire, the index includes the following cryptocurrencies.
- Bitcoin Cash
- Binance Coin
- Shiba Inu
CryptoWire Managing Director, who launched IC15, details the index’s efficiency:
This will not only push the “learn before you win” initiative will also serve the industry with another powerful intervention. Our approach is to facilitate market development and mitigate risk perfectly by offering all possible tools to evaluate possibilities and make decisions.
- The company expressed its view that the index is designed to be a mirror of crypto mining and the real crypto market, a barometer of the industry with a diversely shaped representation of overall market sentiment.