Babbitt Composite Index is regularly adjusted (October 2019)

On October 14, 2019, the Babbitt Composite Index (8BTCCI) completed monthly regular adjustments. Considering the factors such as the market capitalization and the transaction amount (weighted average), the adjusted 8BTCCI index component in October did not eliminate the project component, and only added one project component AE.
According to QKL123 data, the number of Tokens in the 8BTCCI index increased from 27 to 28 last month. The sum of the weights of the top 10 Tokens of the adjusted 8BTCCI index in October was 95.00%, and the market was clearly concentrated in the head. The index weight of BTC (57.49%) increased significantly compared with the previous month (53.49%).
8BTCCI was released on December 7, 2018, and the point is based on the Nasdaq Composite Index, produced by Babbitt Think Tank. The 8BTCCI index component is reviewed once a month, and the index component Token is adjusted based on the audit results to select the most representative Token in the entire market.