Dear Cryptoindex members! Cryptoindex’s team is pleased to share some exciting news!
Cryptoindex’s predictions about the Cryptomarket this month.
First, let’s explain what CryptoIndex is…
Cryptoindex is a tool for exposure to the cryptomarket 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.
How does Cryptoindex’s predictions work?
The prediction digit is from 0.001 to 0.999 where 0.5 is the neutral
>0.5 is for the growth and less for the fall
So You can check how strong is the prediction of each coin
Cryptoindex is able to analyze a large volume of information and decide on the composition of the index. The set of Neural Networks called ‘Zorax’ is fed with gigabytes of new information about all the crypto market participants actions every day: tens of millions of trades and orders per day, tens of millions of messages and news. Based on more than 200 factors, Zorax continuously rebalances the top performing coins in the index, changing the weights of coins, ensuring promising coins are included and inefficient ones are excluded.
In this table you will see Zorax`s forecasts are highlighted : Ethereum(+4.69%), Bitcoin Cash (+45.12%), Litecoin( +8.84%), Cardano(+3.31%).
Bad forecast for Ripple and Stellar.
In the next diagram, the best currencies are shown: Ethereum Classic(+6.91%),Binance Coin(+4.53%), IOTA (+7.25%), NEO(+8.45%), NEM (+6.17%),Mithril(+2.17%), Augur(+3.10%), Zcash (+11.79%), OmiseGO(+4.95%), Huobi Token (+8.22%).
Bad forecast for TRON.
Next we see — Bitcoin Diamond(+3.55%), Lisk (+4.32%), Ontology(+1.63%),Vertcoin(+1.40%), Populous(-3.55%),BitShares(+2.97%),Bitcoin Private(+4.14%), Ignis(+1.72%), HyperCash(-0.23%), aelf(+1.80%), ZClassic(-1.00%), Nxt(+3.43%), Nuls(+1.93%), Zilliqa(+0.39%), Crypterium(-10.33%), Bancor(+7.26%), Emercoin(+10.71%).
AI Zorax made good forecasts on these coin in November.
Then — Byteball Bytes(-5.15%),IOST(-0.54%), Horizen(+10.29%), Particl(-4.46%), Factom(+3.75%), ION(-5.95%), Achain(-3.69%), Gas(+4.08%), Cortex(+8.17%)
Bad forecast for Maker, 0x and Bitcoin Gold.
What is next? All Sports(+3.07%), Peercoin(+11.56%), BnkToTheFuture (+10.13%), Substratum(-2.96%),FuzeX(-9.94%),Status(+0.09%), WhiteCoin (+9.24%), Blocknet(+3.24%), Edgeless(-2.50%), MediShares(+4.83%), BLOCKv(+7.22%), NAGA(-5.86%), Bitcore(-7.43%)
Bad forecast for Decred and Aeternity.
Here we see: MaidSafeCoin(+9.42%), GameCredits(-8.65%), Gifto(-0.64%), Gnosis(+8.71%), Presearch(-5.01%), Genaro Network(-4.21%).
Bad forecast for Siacoin, Bytom, Basic Attention Token, Golem, Stratis.
And — Nexus(0.00%), Ubiq(+1.63%).
Bad forecast for Komodo and Chainlink.
Want to know more about Zorax? Watch video explained — https://www.youtube.com/watch?v=DFVAng08gzM
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 Cryptoindex concept on our MVP platform:http://cryptoindex.ai/
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