Cryptoindex AI Daily Predictions and News for 05/06/2020

CryptoIndex
4 min readMay 6, 2020

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CryptoIndex is a tool for exposure to the crypto market and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 2000 coins applying over 200 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.

Telegram Won’t Let American TON Investors Get 110% Refund in 2021, according to a RockX poll, 71% of Chinese miners expect buyers to gain after halving the first cryptocurrency, crypto predictions and other news for today👇

🔷 Telegram sent a new letter to TON investors, this time only to American investors. It says that US investors will not be able to count on making a profit of 110% in a year, and the only option that Durov can offer them is to get back 72% now. The reason for the changed conditions was expected to be a disagreement with the US authorities — the founder of Telegram explains the decision to reduce regulatory risks.

🔷David Burkett, the main developer in the MimbleWimble implementation project, spoke about the start of integrating the solution into the specially created test network Litecoin. According to Burkett, an experimental model has already been created, and comprehensive testing of the system can begin.

🔷According to a RockX poll, 71% of Chinese miners expect buyers to gain after halving the first cryptocurrency. The poll involved 42 representatives of Chinese mining companies and communities.

Now let’s take a look at the Cryptoindex AI prediction sheet👇

Of course, let’s explain how does it work for newcomers:

  • At the top, you can see “prediction” and “last prediction accuracy”;
  • Our algorithm performs as an indicator of probable price movement;
  • The prediction accuracy rate for the previous period;

See➡CIX100 index methodology📚

Today’s prediction stats

Total Coins
99/100(Excluding 👉Bitcoin)

Last Predictions Rate:

83%

CryptoIndex.com(CIX100) current amount:

0.666(↑2.63%)

💵 Total cryptocurrency capitalization:
$256 239 728 400

🗓 Trading volume per day(24 hours):
$155 151 121 264

Our special Cryptoindex rubrics:

Top 5 gainers 24h (USD)

DigiByte(DGB) is a TOP gainer for the last 24 hours.

Top 5 losers 24h (USD)

Basic Attention Token(BAT) is a TOP Losser for the last 24 hours.

Top Buy Tomorrow

ReddCoin(RDD) is TOP buying for tomorrow.

Top Sale Tomorrow

Raiden Network Token(RDN) is showing the worst result for tomorrow.

Crypto Bundles

All crypto bundles in a red zone📉📉📉

Predictions List

For several days, the price of bitcoin was consolidated up to $ 9300. The altcoin market is an ambiguous position.

For buying today📈🔥 — IOTA, DigiByte, 0x, THETA, Ravencoin, Siacoin, MCO, Enjin Coin, Zilliqa, Status, Komodo, Ripio Credit Network, Waltonchain, Loom Network, Tierion, Gnosis, IoTeX, Acute Angle Cloud.

Neutral prospects ⚖️ — Dogecoin only🤷🏻‍♂️

Rest of coins — for selling📉📉📉

Below you can see the strength of the forecast(sixth column)👇

That’s all forecasts for today. What do you think about those predictions?

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The AI-based CryptoIndex algorithm is constantly learning by consuming huge amounts of data rapidly making decisions and choices that humans would struggle to match.

You can always check the current CIX100 composition on our website.

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