Crypto indices take another step into the mainstream as the world’s second-biggest stock exchange, NASDAQ, listed Cryptoindex’s AI-powered CIX100 on its platform.
A benchmark for the
After the first filtering is completed, Cryptoindex’s artificial intelligence algorithm analyzes
The AI then uses the information obtained in its selection process. From a pool of 2500 coins, it first selects those that have been in the top 200 for a minimum of 3 months, before narrowing down the options to just 100 coins. Note that the index
According to Cryptoindex Advisor, Austin Kimm, the launch of the
He said, “The Cryptoindex team is honored to be listed on NASDAQ, which has always been a key platform for institutional investors to monitor classical indices.
What does CIX100 look like?
Interested individuals can view the index at cix100.com and get relevant information about the index’s present and past performance.
At the moment, we can only conclude that Crytoptoindex’s AI favors Bitcoin, as the top
The Cryptoindex’s AI is expecting a fall in crypto prices, with the 30-day prediction giving out sell signals for all coins in the CIX100. The firm reports that the index has yielded up to 1100% gains since it was launched in May 2017.