Reddit Posts
Ever heard of Crypto Indexes? If not, allow me to present Indexcoop!
Utility Tokens Vrs Governance Tokens
Index token fail cases? (C20, DPI, NFTI, TCAP)
What are Governance Tokens and why they are hot.
Titan Coin Finance 681,980.80% APY Highest APY Ever Created
Performance of the Crypto Market Week 10 2022
Performance of the Crypto Market Week 9 2022
Performance of the Crypto Market Week 8 2022
Performance of the Crypto Market Week 7 2022
Is there a token/coin, which tracks the Total Crypto Market Cap?
Performance of the Crypto Market Week 6 2022
Drawbacks of TCAP (total market coin)?
Drawbacks of TCAP (total market coin)?
New Coinbase Learn and Earn - Cryptex Finance
Performance of the Crypto Market Week 5 2022
Is there a way to buy the Total Crypto Market Cap token (TCAP) with Polygon instead of Ethereum?
Performance of the Crypto Market Week 4 2022
Performance of the Crypto Market Week 3 2022
Performance of the Crypto Market Week 2 2022
Performance of the Crypto Market Week 1 2022
Performance of the Whole Crypto Market Week 51 2021
Show me the Crypto featured Cryptex CEO Joe Sticco to speak about how Cryptex and TCAP were built
Performance of the Whole Crypto Market Week 50 2021
CTX (Crytex Finance) and (TCAP) Total Marketcap tokens. I've noticed a pattern...pay attention for easy gains. (Not a shill, just an observation.)
Performance of the Whole Crypto Market Week 49 2021
Crypto Indexes: Smash or Pass? Eyeing C20 & TCAP
Performance of the Whole Crypto Market Week 48 2021
Performance of the Whole Crypto Market Week 47 2021
Mentions
After LUNA a lot of us question are assumptions especially if something is pegged to the market cap like TCAP. Tell me this, am I buying/trading a token or am I actually getting the underlying tokens the index is based on? All I want is to hold/acquire the index of assets while paying cheaper transaction fee than buying them individually.
I would just buy TCAP and bet on total crypto MCAP instead of picking one horse.
Yes, at least at this point in time and with hindsight (although at the time, there was a ton of fear and talk all of crypto would go to zero - not a lot of people were buying). Hopefully the combined section show that investors can do pretty well just dollar cost averaging over time instead of figuring out the exact best time to buy, ideally with a diversified portfolio, even better if you captured the entire market as does something like [**TCAP**](https://cryptex.finance/)
how do put some money into that TCAP?
You could just buy Cryptex's TCAP and just hold a token than follows the total marketcap of the whole crypto market.
Thank you ser! That's a great point, and certainly true for the Jan 2018 entry point. Looking at data from the combined 2018,2019,2020, 2021, and 2022 it gets a bit interesting. BNB, a random (at the time at least) crushes the field in 2020 and 2021, making a case for diversification. The \*really\* interesting piece of all of this is that the total market crushes most portfolios (my Top Tens included!) so only if you guessed right on ETH some years and BNB in others are you outperforming the entire market. I have the figures around here somewhere, let me know if you want the details. That's why this year I thought it would be fun/interesting to compare the 2022 Top Ten with r/cryptex's $TCAP product, which tracks the entire market (which was what I was after in the first place, capturing all of crypto). Check out my 2022 Top Ten summaries for how that's going or reach out to u/Brendan3005 if that's interesting.
Pretty painful, but not as bad as writing up updates during the 2018/2019 bear when it seemed like either no one cared or they were constantly angry lolz On TCAP, yeah, agreed. It is hard to compete against a space that is always producing new projects and value. Most portfolios will underperform against TCAP. We'll see if that's any different in the next few months, but in the long term the data shows that TCAP will outperform...
For real though, how painful was this one to write up? Blood drain to the last drop, UST "good idea", fuuuuuuuuu TCAP is interesting, but not surprising. Market index is going to be less volatile any individual securities derp
Thanks for sharing! Quick question: where/how did you manage to buy TCAP? I've been eyeing it for a long time but can't find a good way to buy it (without too much fees).
Welcome to r/CryptoCurrency! I love it when readers try to poke me. Appreciate you taking the time to share your thoughts. I think a lot of what you say needs to be understood by the crypto community. You make a bunch of good points. Unfortunately I don't have time to respond to them all, but happy to discuss a few. One of the most important to truly not to invest what you can't afford to lose. Crypto is volatile: feels good when it's up, but we can have years of down or flat, as I've reported on since Jan. 2018. I don't recommend folks to jump in if they can't handle the volatility - gains are nothing if you've given yourself a coronary and sacrificed your health. To your point on dividends: as I've mentioned in previous posts, I leave them out of the calculation for simplicity's sake, just as I leave out the opportunities for interest, airdrops, mirror drops, staking rewards, etc. that are possible on the crypto side, at least within the Top Ten coins I chose. It's on my list to add all these things up together, add the interest from the S&P and do a comparison, but haven't gotten around to it yet. I suspect it would yield similar results with crypto ahead of the S&P. One piece of data that's hard to argue with is the ROI of the \*entire crypto market\* over the last few years. That's been one of my biggest takeaways - that although my portfolio and that guy over there's portfolio may be doing okay compared to the S&P, we're both being crushed by the overall crypto market, which is absolutely crushing the S&P. Not sure how long this will be true, but this is certainly the case for the moment. That's why I thought it would be interesting to include a Total Market Cap (TCAP, by r/cryptex) token this year to see how my Top Ten compares to the VTSAX of crypto. As far how all this will look in 5 or 10 more years, your guess is as good as mine. You'll see on the last chart that crypto only became a better ROI in late 2020, and that blue line is coming down fast. The next month's report should be interesting. Because the majority of my investing is in broad based low cost index funds, I thought it'd be fun/interesting to try to repeat the same in crypto, sharing my Experiment with the community along the way. I know crypto isn't for everyone and you should definitely follow your gut and stay away until you're comfortable re-engaging with the space. Feel free to stick around and keep up with these updates to see how it all goes in the coming months/years. Cheers - Joe
Always like reading these. TCAP is definitely interesting. I participated in their test net and received a thank you NFT.
TCAP launched in April of 2021!
I was saying to someone else on another post that some projects have had a ‘resurgence’ in the past so I wouldn’t be surprised if Luna could have one too. Tron’s USDD should be interesting to follow. The burn mechanism may help to propel TRON up the charts. Have you compared TCAP to your previous experiments or is TCAP brand new with no historical data? It was insightful to see the top 10 beating the S&P500 over such a long period. I never considered a crypto index before, but I am now. Thanks!
Excellent question! Besides the recent crash, I'm often surprised by the resurgence of 'dead' projects. ADA for example, dropped out of the Top Ten for years, then resurfaced. We're seeing similar movement from TRON right now. Lesson learned: some of the older school projects, if they have a strong community, should never be counted out completely. Another major lesson: like traditional markets, it's very hard to stock or crypto pick or make a 'winning' portfolio - it's often best to try to capture the gains of the entire market. My Experiments show the data to back this up. For example, entire market vs. my Top Ten, from a recent post: \*\*Buying the Top Ten at equal weight in Jan 2018\*\*: down -1% vs. +205% for the total crypto market cap. \*\*Starting in Jan 2019?\*\* +368% for the Top Ten vs. +1,277% for the total market cap. \*\*Starting in Jan 2020?\*\* +574% for the Top Ten vs. +824% for the total Market Cap. \*\*Starting in Jan 2022?\*\* -24% for the Top Ten vs. -21% total market cap. The one exception the 2021 Top Ten portfolio vs. Total market cap (+177% vs. +126%), but the gap is closing...I expect to see it fall behind eventually, like the other experiments. Given the data, index options like r/cryptex's total market token TCAP become very interesting. Lots of lessons learned so far, I hope that's helpful.
The managed funds never made much sense to me, feels like it goes against the independent spirit of cryptos, plus my Top Ten has shown that it's not the best strategy when compared to the total market. And I hear you, not much value add if you can reasonably self-manage or gain total exposure to the entire market with no middle man with a token like TCAP...
Exactly! That's why it's been so hard to beat the market cap with my Top Ten. Four out of Five years, I'm down compared to the overall market, sometimes significantly so. Probably five out of five soon. Makes index fund tokens like r/cryptex's TCAP or similar much more interesting...
It's a good question. I'm a fan of indexing in my traditional investments, so it's been interesting to study this over the last five years of these Experiments. The way I see it, it's nearly impossible for the Top Ten Portfolio (or any portfolio really!) to keep up with the entire market cap in the long term...and how could it, really, with new projects being added every day? The space itself is growing faster than the Top Ten. You might be interested to check out a side-experiment I'm doing in 2022 (I'll release that update on Reddit next week) between my Top Ten and a Total Market Token called TCAP (created by r/cryptex). So far this year, it's a pretty even race, but digesting some of the data from above (e.g. **Starting in Jan 2019?** \+368% for the Top Ten vs. +1,277% for the total market cap) maaaan, I wish it had existed a few years ago!!!
Need help identifying fail cases.... Index token fail cases? (C20, DPI, TCAP) I've been looking into crypto index tokens, tokens that track a weighted portfolio of other crypto assets. For example TCAP tracks the total market cap of all of cryptocurrency. DPI is the Defi pulse index and tracks awaited average of Defi project tokens like SUSHI and AAVE. NFTI tracks projects like MANA and ENJ. This is all led me to wonder if all of these tokens are coated in such a way that they will retain their value relative to the market under any circumstances. Or is there some kind of bank run That could cause them to crash? Or Is there an event that could cause them to de peg? Is a hack possible? What sort of security is in place for guaranteeing the value of these tokens in 5 or 10 years? I am pretty uninitiated in all of the inner workings behind these tokens so I would appreciate any response that does an ELI5 or links to relevant articles or videos. If you believe in cryptocurrency long-term, but don't know which cryptos will come out on top, does the TCAP seem like a safe choice?
What are the risks and benefits of minting TCAP at a 200% backing?
Post is by: Zealousideal-War6206 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/ubvstn/what_are_governance_tokens_and_why_they_are_hot/ Governance tokens are gems in the realm of Decentralized Finance. These tokens are enabled on top of different protocols. These tokens empowers those that are holders of the tokens to govern the protocol. This does not mean that holders of a particular governance token can just make a total change to the project. Few things to note: * Governance tokens allows you to be part of the team to guide the project on its vision but not to bring a total change to the project or redirect the vision of the project. * You must hold a certain number of tokens to be eligible to vote or submit a proposal. You can't just hold some few numbers and try to pass a proposal. Every project has the number of tokens you will require to be able to pass a proposal. Mostly depends on the value of each token. -Some Governance tokens out there. ____________________________________ There are many governance tokens out there but in this post I will highlight only three(3) out of the many tokens out there. 1. Synthetic- (Snx) With a total supply of 190,075,446, Synthetix is a derivatives protocol backed by a native token SNX. In other to mint new derivatives that is Synths, usrs must stake at least 750% of the Synths value in SNX. 2. Cryptex Finance- (CTX) With a total supply of 10,000,000. CTX is a governance token that powers and secures the Cryptex protocol. Holders of CTX can vote on protocol upgrades for Total Crypto Market Cap Token (TCAP) as well as all future products within the Cryptex Finance ecosystem. 3. Compound - (COMP) With a total supply of 10,000,000. Os the governance token behind the lending protocol. COMP is earned by users for lending or borrowing assets. Comp is used to govern protocol decisions on the compound governance dashboard. It is interesting to note that both CTX and COMP has the same total supply but COMP has 2 times the circulating supply of CTX. But while CTX is trading below $6 COMP trades above $130. Comp is older than CTX. Cryptex Finance just celebrated their one year anniversary. Does this predict the future price of CTX? So if you hold governance token like CTX or COMP you can stake it and be involved in the growth of the protocol. Whiles you stake or lock your token you earn some interest on the locked amount. In bear market you still earn for staking your token. You earn passive income on the staked amount. -Governance tokens represents voting power on a blockchain project. You have some power to propose change and help the project win. -You will be involved in the forward progress of the protocol through voting. -You are in charge of how your investment should go. Think about the benefits of shareholders and have a similar idea of how governance tokens works. I will post more content soon. Bless. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
The intent of the Experiment, from the start (Dec 2017), is to make it accessible to beginners, especially those who are familiar with indexes. Where I'm from, the S&P 500 is the most famous index (thanks in part to Mr. Warren Buffet, who popularized the advice to 'just invest in the S&P 500"). The other two you mention aren't widely known to the average Joe. I wanted to make these Experiments understandable to the average investor who may set aside a portion of their monthly income towards the S&P 500 and wondering what would happen if that $ was redirected to something similar in crypto. The lack of weighting (on the crypto side), or the inclusion of the entire basket (on the S&P side) do indeed make the comparison imperfect for advanced investors. But the intent of these is to be beginner friendly. That said, my homemade index is indeed imperfect in terms of capturing the entire market (the original intent). These days, it's a different story. You could go after a certain sub-sector within crypto, like DeFi, NFTs, large caps, or Metaverse through [DeFi Indexes](https://app.zerion.io/invest/defi-indexes). Or you could capture the entire market with r/cryptex's [TCAP](https://cryptex.finance/) or similar. More [from my FAQ](https://toptencryptoindexfund.com/about/)s: *what I’m after is a total crypto vs. total stock market comparison. Tracking the Top Ten Cryptos isn’t perfect, but they usually make up about 90% of the total market. If I only tracked the Top Ten S&P 500 by weight, I would only be tracking about 22% of the S&P Index. A more fair comparison is the entire S&P 500, which accounts for 75% of the entire US market.* *Still imperfect comparing 90% of one thing vs. 75% of another, but still hopefully close enough to be useful.* I hope that's helpful! Thanks for the well thought out question, I love when I get those! Very fair critique on weighting, although your delivery could use some work. Go easy on the "just wrong"s or the "so it's better"s if you're really digging for knowledge ;)
I buy the Top Ten by market cap on the 1st of January every year, then hold on to them, even if they fall out of the Top Ten. Low caps are always a risk, but if you guess right, the upside can be huge. But the trick is guessing right lol You could go after a certain sub-sector within crypto, like DeFi, NFTs, large caps, or Metaverse through [DeFi Indexes](https://app.zerion.io/explore/defi-indexes). Or you could capture the entire market with r/cryptex's TCAP or similar.
Thank you ser! Not sure about iTrust Capital, but the way things are going these days is DeFi in my opinion, so unsure the value add to bring in a middle man. Plus, the Experiment has shown that the entire market has done even better than my Top Ten portfolio and most portfolios tbh (entire market is up +1031% over the same time period). In my latest (2022) Top Ten Portfolio, I'm doing a friendly comparison/competition between my Top Ten Experiment and a Total Crypto Market Cap ([TCAP](https://cryptex.finance/)) token, created by [Cryptex](https://reddit.com/r/cryptex/). Check it out if you're interested in tracking the entire crypto market. Fellow r/CryptoCurrency\-er u/Brendan3005 should be able to help as well...
No idea why you're getting downvoted, I think that would be interesting as well! I couldn't afford it, and it would be a lot of work though! lol I'd probably look to a total market cap coin like TCAP ([https://cryptex.finance/](https://cryptex.finance/)) at that point or some other simplified option. Not sure how it would work with the rest of the coins, but it's fun to play around with [www.dcabtc.com](https://www.dcabtc.com) for how what you describe would turn out using Bitcoin...
Performance of the Crypto Market Week 10 2022 Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.80 Trillion, down $70 Billion from last week. 🤪🤪 YTD the market is down 21.7% QTD (January 1st) the market is down 21.7% MTD (February 7th) the market is down 10% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 41.4% Down 3.6 %point for the last 6 months (45% dominance in October) - ETH Dominance is currently 17.7% Down 0.8 %point for the last 6 months (18.5% dominance in October) - DeFi Dominance is currently 6.9% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $125 Billion The Total Value Locked (TVL) in DeFi is $240 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $183 Billion Last week stablecoin's trading volume is $63 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 13,016 Coins currently on CoinGecko 18,037 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 SWCAT +4600% 🥳 MMETA +2400% 🤧 CROCKET -99% 🤧 FRTS -99%
Performance of the Crypto Market Week 9 2022 Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.87 Trillion, up $40 Billion from last week. 🤪🤪 YTD the market is down 18.7% QTD (January 1st) the market is down 18.7% MTD (January 28st) the market is up 8% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 41.6% Up 0.6 %point for the last 6 months (41% dominance in September) - ETH Dominance is currently 18% Down 2 %point for the last 6 months (20% dominance in September) - DeFi Dominance is currently 6.8% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $128 Billion The Total Value Locked (TVL) in DeFi is $250 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $183 Billion Last week stablecoin's trading volume is $80 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 12,900 Coins currently on CoinGecko 17,868 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 BINU +6761% 🥳 WIMI +1075% 🤧 SINU -99% 🤧 ELEF -99%
Post is by: RaphizFR and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/t3ko37/performance_of_the_crypto_market_week_9_2022/ Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.87 Trillion, up $40 Billion from last week. 🤪🤪 YTD the market is down 18.7% QTD (January 1st) the market is down 18.7% MTD (January 28st) the market is up 8% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 41.6% Up 0.6 %point for the last 6 months (41% dominance in September) - ETH Dominance is currently 18% Down 2 %point for the last 6 months (20% dominance in September) - DeFi Dominance is currently 6.8% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $128 Billion The Total Value Locked (TVL) in DeFi is $250 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $183 Billion Last week stablecoin's trading volume is $80 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 12,900 Coins currently on CoinGecko 17,868 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 BINU +6761% 🥳 WIMI +1075% 🤧 SINU -99% 🤧 ELEF -99% *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
This is 100% my favourite blog in this sub, keep up the good work! Interesting to see 2018 portfolio is now just 4% up: my takeaway message is that many cryptoprojects tend to die in bearmarkets after seeing massive pumps during bull markets. I kind of expect 2019 and 2020 experiments to see decreasing gains over time for the same reason. If this doesn't happen, than it would mean that recent crypto projects have much more sense than those high up in ranking back in 2018. In any case, very interesting insights from this experiment. Also absolutely love your add-on comparing gains with a total market cap (TCAP) replica. Cheers!
CTX is the governance token for TCAP. Just throwing that out there.
Performance of the Crypto Market Week 8 2022 Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.83 Trillion, down $110 Billion from last week. 🤪🤪 YTD the market is down 20.4% QTD (January 1st) the market is down 20.4% MTD (January 21st) the market is up 4% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 40.8% Down 0.2 %point for the last 6 months (41% dominance in September) - ETH Dominance is currently 17.9% Down 2.1 %point for the last 6 months (20% dominance in September) - DeFi Dominance is currently 6% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $109 Billion The Total Value Locked (TVL) in DeFi is $249 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $181 Billion Last week stablecoin's trading volume is $77 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 12,704 Coins currently on CoinGecko 17,684 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 AUSCM +31,850,00% 🥳 SINU +3,600,000% 🤧 SDOGE -100% 🤧 VERIFY -99%
Performance of the Crypto Market Week 7 2022 Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.94 Trillion, down $20 Billion from last week. 🤪🤪 YTD the market is down 15.6% QTD (January 1st) the market is down 15.6% MTD (January 14th) the market is down 8% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 40.9% Down 0.1 %point for the last 6 months (41% dominance in September) - ETH Dominance is currently 18.2% Down 1.8 %point for the last 6 months (20% dominance in September) - DeFi Dominance is currently 6.2% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $121 Billion The Total Value Locked (TVL) in DeFi is $258 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $179 Billion Last week stablecoin's trading volume is $55 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 12,563 Coins currently on CoinGecko 17,536 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 GRIMACE +23,500% 🥳 CBP +9200% 🤧 DOGECO -99% 🤧 WALMETA -98%
TCAP : the Total Crypto Market Cap token. The real OG when it comes to assets which implement the „buy the whole haystack“ philosophy, similar to ETFs for stocks. The only issue so far is that it‘s available only on the Ethereum mainnet and gettig it means paying the extra gas fees.
Performance of the Crypto Market Week 6 2022 Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.96 Trillion, up $180 Billion from last week. 🤪🤪 YTD the market is down 14.8% QTD (January 1st) the market is down 14.8% MTD (January 7th) the market is down 4% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 40.6% Down 0.4 %point for the last 6 months (41% dominance in September) - ETH Dominance is currently 18.3% Down 1.7 %point for the last 6 months (20% dominance in September) - DeFi Dominance is currently 6.7% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $132 Billion The Total Value Locked (TVL) in DeFi is $280 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $176 Billion Last week stablecoin's trading volume is $62.4 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 12,440 Coins currently on CoinGecko 17,391 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 GRIMACE +107,300% 🥳 OFF +48,100% 🤧 GKF -99% 🤧 VIVE -98%
I heard about that one too, though total market cap was more appealing to me than top 20. TCAP is audited by quantstamp is that similar to the regulating for Crypto20?
I'd recommend you look into the Crypto20 index from Invictus instead. It's regulated and doesn't suffer from the lack of liquidity that TCAP has.
It's a great instrument to short or accumulate based on total market capitalization. Lockup a bunch of Eth and mint/sell TCAP, rebuy TCAP lower and unlock Eth. Best way to short if you're expecting big corrections but dont want your fate tied to a single coin. Call it what you want but this instrument saved my ass summer 2021. Just have to be intelligent/engaged enough.
If you did your research you would know there are two core Eth devs on this team. CTX, their governance token, is listed on major exchanges. Yes there is plenty of TCAP liquidity and will be, it's a community arbed peg.
TCAP is the product of CTX, which is listed on Gemini among others.
Performance of the Crypto Market Week 5 2022 Each week, I will update the Crypto community with some stats on the performance of the Total Crypto Market. #Crypto Market Performance 📈 In 2021 the market was up 197.4% Crypto Market Capitalisation is $1.78 Trillion, up $100 Billion from last week. 🤪🤪 YTD the market is down 22.6% QTD (January 1st) the market is down 22.6% MTD (December 31th) the market is down 21% *data is being referenced from the Total Crypto Market Cap index token TCAP* #Dominance 📊 - BTC Dominance is currently 40.7% Down 6.3 %point for the last 6 months (47% dominance in August) - ETH Dominance is currently 17.8% Down 0.7 %point for the last 6 months (18.5% dominance in August) - DeFi Dominance is currently 6.4% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $114 Billion The Total Value Locked (TVL) in DeFi is $242 Billion *data is being referenced from DefiLlama* #Stablecoins ⚖ Stablecoins' total market cap is $173 Billion Last week stablecoin's trading volume is $49.9 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 12,280 Coins currently on CoinGecko 17,240 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 CHKN +503,000% 🥳 OBROK +27,700% 🤧 PETH -100% 🤧 ANT -100%
There's also the risk of hacking like CC10, or losing its peg somehow. But it's more of a concern with the indexes I am interested in. Like TCAP or C20, where it's a total crypto index and it's plausible for me to put a large % of my portfolio into. And if I lose it all that will really suck. But with MVI or DPI that's just one sector so I am not going in putting a lot into it.
I‘m planning on buying TCAP: the total crypto market cap index.
One more reply: I did a profound research on TCAP and this is really the best possible solution for my goal. Thanks again. However, the Ethereum gas fees are still scaring me and this is why I haven't bought yet. Do you eventually know if there is a way to buy it with Polygon?
If you just want to buy the whole market and aren't restricted on budget to the $100 a week, you can buy TCAP on SushiSwap on Ethereum mainnet. https://www.coingecko.com/en/coins/tcap Gas will make anything lower than probably a 50k buy not particularly worthwhile though.
> I assume that we are going to see a Crypto pegged stablecoin at some point which basically derives it's value from the overall value of the Crypto industry Such a coin already exists. See Total Crypto Market Cap coin (TCAP)
If you want exposure to the total market you can buy TCAP (total crypto market cap) [https://coinmarketcap.com/currencies/total-crypto-market-cap-token/](https://coinmarketcap.com/currencies/total-crypto-market-cap-token/)
First of all, just went through your proposal to cross performance with TCAP and sounds really cool. Thanks for your answer! I definitely agree with you on going decentralised. Rebalancing looks good if you don't know what to pick (which is my case). Have you ever considered back testing the method of buying $100 of the top 10 monthly instead of $1000 (or $1200 for the sake of math) annually? This Do you think that this should help to "cut the losses" of projects that go to the 11th, etc?
Thanks! Interesting. It might appeal to some, but guess at this point in my crypto journey, I'm comfortable DIY'ing it, managing each individual crypto to take advantage of interest/staking options. I wonder if the indexes you mention return only what the crypto increase in value or also incorporate the additional ROI that is possible by breaking the component cryptos out and staking/farming/getting interest? The rebalancing is interesting though, I definitely do not do that! lol Outside of that, if I were to go with a non-homemade option, I lean heavily towards decentralized finance, removing the middleman. There are some interesting indexes out there these days (check out the list on Zerion) and I'll be comparing my 2022 Top Ten to the Total Crypto Market Cap token (TCAP).
I'm still focusing on my Top Ten Experiments, but am incorporating some exciting (for me at least!) new changes for the [2022 Top Ten](https://toptencryptoindexfund.com/announcing-top-10-2022/): 1. Incorporated Decentralized Finance (DeFi) for the first time. 2. This one is fun: I'm factoring in stablecoin gains: In past years, I have not included the ROI that is possible with stables in the monthly reports. This year, I will detail ways to build on the $100 of USDC in the 2022 portfolio and gamify it a bit: my goal is to outperform as many as the other cryptos in the 2022 Top Ten Portfolio as possible (simple if it turns out to be a bear year, a bit more challenging if the 2022 market moons). 3. Giveaways: I’ll be giving away crypto during the year, either through Twitter, Reddit, or my email list. I’m still figuring out the details, but aim to give away around $100 a month in crypto. 4. Friendly competition: I will compare my homemade 2022 Top Ten Crypto Index Fund Experiment to a Total Crypto Market Cap Index Token ($TCAP r/TotalCryptoMarketCap) to see which one outperforms.
No plans to sell, but adding some fun tweaks to the 2022 Top Ten Experiment! Check out the announcement post [here](https://toptencryptoindexfund.com/announcing-top-10-2022/). Or, here's a quick summary: 1. I'll focus on 2022 Top Ten Portfolio reports + one other portfolio on a rotating basis (down to two reports per month) 2. Incorporated Decentralized Finance (DeFi) for the first time. 3. Factoring in stablecoin gains: In past years, I have not included the ROI that is possible with stables in the monthly reports. This year, I will detail ways to build on the $100 of USDC in the 2022 portfolio and gamify it a bit: my goal is to outperform as many as the other cryptos in the 2022 Top Ten Portfolio as possible (simple if it turns out to be a bear year, a bit more challenging if the 2022 market moons). 4. Giveaways: Who doesn’t love a good old fashioned giveaway? I’ll be giving away crypto during the year, either through Twitter, Reddit, or my email list. I’m still figuring out the details, but aim to give away around $100 a month in crypto. 5. Friendly competition: I will compare my homemade 2022 Top Ten Crypto Index Fund Experiment to a Total Crypto Market Cap Index Token ($TCAP r/TotalCryptoMarketCap) to see which one outperforms.
All true, but there are lessons from the other years Experiments as well. I wouldn't through out diversification completely, by any stretch. I'll be dropping the 2019, 2020, and 2021 Top Ten reports in the coming days, check those out as well. BNB, for example, is crushing it. Another main lesson: anyone's portfolio is very unlikely to outperform the entire market. How could it, really, with new projects being added every day? This is when a token like TCAP r/TotalCryptoMarketCap becomes interesting to consider, and why I'm looking forward to comparing my Index to it in 2022
I would suggest TCAP! TCAP captures the entire crypto market cap real-time, giving you accurate exposure. TCAP is not a fixed basket of tokens.
Great post. I joined as well. I only need to buy Terra and a stablecoin. I bought Bitcoin, Eth, Solana, BNB, DOT, XRP and Avalanche. I already have a good amount of Cardano, so did not purchase. I wil look into Terraswap and the TCAP token.
Hey u/Lawgics, TCAP is an erc20 token that tracks the entire crypto market cap in price, like the S&P 500 of crypto!
Hey man no worries, sometimes the downvotoooors bury my posts, no worries. Congrats on your purchase! I also hold a tiny bit of CRO and ALGO, we'll see what happens this year. On r/TotalCryptoMarketCap, it's a new project, but if it *did* exist when I started the Experiments 4 years ago, yes, it would have crushed my Experiments. Here's the data on how it would have turned out, buying once a year on 1 Jan., as per the rules of my Experiment: **Buying the Top Ten at equal weight in Jan 2018**: I am up **+34% vs. +285%** for the total crypto market cap. **Starting in Jan 2019?** \+504% for the Top Ten vs. +1,638% for the total market cap. **Starting in Jan 2020?** \+795% for the Top Ten vs. +1,066% for the total Market Cap. **Starting in Jan 2021?** The 2021 Top Ten Cryptos are still providing a better ROI than the total market cap, but this is an outlier and the gap is starting to close (+292% to +185%). If history is any indication, I expect to see the Top Ten gains fall behind the Total Market Cap over time, like the other Experiments. Hit up u/Brendan3005 for more info on TCAP. For staking: yes, I definitely stake when I can, but am not tracking the Experiments to keep it simple and fair (also not factoring in dividends/reinvestment in S&P). It's on my to do list, to show exactly how much I've made on the portfolios, considering all the interest/staking options I've been doing as well. All the best!
Thanks for this post, I missed it a few days ago but I wanted to say that I also joined in on this top ten purchase this year. I bought everything except for the stables and opted for CRO and ALGO instead because I like those projects. I'm curious about the TCAP tho, how does that work? In your post you said it has beaten your top ten every year, so you mean holding $1000 in TCAP has beaten your experiment? Also would like to see how staking would affect your outcome? Or is that defeating the purpose of lazy investing?
No fees to buy TCAP that I'm aware of, but perhaps double check with u/Brendan3005. The protocol is build on Ethereum, so you'd have to watch out for gas fees, but I believe they're planning to deploy on Polygon soon, which would virtually eliminate gas costs.
There is no fee for holders! TCAP is minted like DAI, so those who open a vault have a 1% fee to burn their minted TCAP.
Great post OP. One question is what are TCAP's fees? Do they charge the classic hedge fund 2/20 (2% annual fee and 20% above a certain return) or is it a flat fee? Are there any hidden fees like ETH gas charge-backs to fund holders?
Just use TCAP, all tokens in one solution! It's on Sushiswap
Just buy the entire market with Cryptex $TCAP token. There. Done.
TCAP. A (synthetic) index of the total crypto market. It won't moon as much as individual coins, but it also won't tank like individual coins. It just follows the overall market. if long time believer in crypto, not a bad bet (NFA)
Marketing is just beginning for TCAP and CTX. They hired McCann like Cardano did.
This is pretty cool. I like that they are using ALGO for it. At first, I thought they meant to tie the stock market into the crypto market but it seems to be a crypto-index which I figured was coming eventually. Id like to know how they peg it and whether they use the collateral-backed model that TCAP used. I haven't made up my mind about TCAP yet.
Thank you for sharing >33.3% BTC, 33.3% ETH, 33.3% C20 Reminds me of the Bankless BED Index, which is roughly 33% BTC, 33% ETH, and 33% DPI (DeFi Pulse Index). Any thoughts on TCAP, which is completely agnostic since it represents the total market cap. Basically its just a bet that crypto as a whole will go up over time. (Personally I'm a bit too afraid of a dotcom crash to do that currently. Might DCA after gas is reasonable / they offer on layer 2s or CEXs)
Yes! And awesome. We are not far away at all, the way TCAP works is it collateralizes data from Chainlink to make the total crypto market cap tradeable. Hypothetically the same could be done with futures
You're right! u/ModernSmith $TCAP is the total crypto market cap token, it tracks the crypto market cap in price like the S&P 500 :)
Dammit I wanna buy a small amount of [TCAP](https://www.coingecko.com/en/coins/tcap) just out of curiosity. But it'll cost me $80 in gas. I guess I'll wait for bear market or something to try it out.
CTX - Governance token for TCAP - a token that tracks the total market cap for crypto via chainlink feeds - imagine the S&P 500 of crypto. TCAP can be minted from a vault similar to a maker vault. It currently trades at a premium from minting on sushi swap. CTX is also available on Gemini. NOTE - New fix lending/borrowing platform. Great rates for farming with stables and for LP on balancer. Coinbase ventures was part of the early seed round. It's my opinion that both of these have room to do a 10x or more. I'm invested in both.
Performance of the Whole Crypto Market Week 46 2021 On a weekly basis, I'll be updating the community with some stats on the performance of the total crypto market. Now that you are able to gain exposure to the total crypto market with TCAP, it changes the way individuals, DAOs, and funds think about diversifying a part of their portfolios. #Crypto Market Performance 📈 YTD the market is up 230.7% QTD (October 1st) the market is up 21.1% MTD (October 22th) the market is down 0.12% Crypto Market Capitalisation is $2.58 Trillion, down $70 Billion from last week. 🎉🎉 *data is being referenced from a TCAP Chainlink oracle* #Dominance 📊 - BTC Dominance is currently 41.2% Down 3.8 %point for the last 6 months (45% dominance in June) - ETH Dominance is currently 18.8% Up 0.8 %point for the last 6 months (18% dominance in June) - DeFi Dominance is currently 6.4% *data is being referenced from CoinGecko, CoinMarketCap and TradingView* #DeFi 💸 DeFi's capitalisation is $165,5 Billion The total value locked in DeFi is $104.2 Billion *data is being referenced from Defi Pulse* #Stablecoins ⚖ Stablecoins' total market cap is $143.9 Billion Last week stablecoin's trading volume is $95 Billion *data is being referenced from CoinGecko & CoinMarketCap* #Projects in The Space 📚 10,969 Coins currently on CoinGecko 14,629 Cryptos currently on CoinMarketCap *data is being referenced from CoinGecko & CoinMarketCap* #Top Crypto Gainers 🥳 and Losers 🤧 🥳 SCIE +24,331,000% 🥳 GSHIB +2,700,000% 🤧 MINIUSDC -98% 🤧 TIPSY -98% *This is not investment advice, be careful with those coins : Top gainers tend to fall back down pretty quicky* I have incorporated some of your suggestions, don't hesitate to ask for more metrics that you would like to see ! I'll see you next week 😃
TCAP is the way to grow. CTX is the very necessary icing on top. Steady thy hand. Gird thy loins
This is why I like the ideal of TCAP, a defi token that tracks its price of the total market cap of all cryptocurrency.
Fun fact: Coinbase used to have a product called Coinbase Index Fund that would allow people to do what you're doing in 1 single purchase. The concept of index funds are amazing for risk reduction, but Coinbase now has 120 assets for sale and getting hit with fees, spread, taxes, and time inconvenience to rebalance between all of them is insane. 🤣 Hopefully more Index Funds will be cheaply buyable in the future. I'm a big fan of TCAP (total market cap), but it's only available on Eth L1 DEX's so gas fees are nutty. -.-
Thanks for the shoutout Joe! And you’re right, TCAP is the move to diversify and capture exposure to the whole market
It's not buyable. Total market cap has a token though: [TCAP](https://www.coingecko.com/en/coins/tcap) Can't vouch for it though, I haven't done any research on it.
>TCAP (ticker CTX) gives holders real-time price exposure to total cryptocurrency market cap. It's a world-first, 200% fully backed, fully collateralized asset that’s both audited and accurately representative of the entire cryptocurrency complex by total market capitalization. Check out their website for more information.
Try checking out TCAP. It's not a mutual fund but may be an alternative to what you're looking for. [https://cryptex.finance/#about](https://cryptex.finance/#about)
Interesting game. If TCAP doesn't count as stablecoin I'll go with that one. Total Crypto Market Cap is a stablecoin but it's pegged to crypto rather than to fiat, if the cap is $2.4B, the coin is worth $240, if the cap is $1B, the coin is worth $100 I guess you put the stable rule to take out the FIAT pegged coins. If TCAP doesn't count either, then Monero, Tezos, Cake, Stellar or VeChain. Those are my preferred non-top10 coins.