Weiss Small-Cap Crypto Index triples in 2 months!
The only small-cap crypto index in the world and a great leading indicator, Weiss Small-Cap Crypto Index has tripled in the last two months.
Just two months ago, our recently released Weiss Small-Cap Crypto Index was trading near 2,995. This week, it surged past 11,410 or 3.8 times higher.
A fluke? If this were happening in one isolated crypto, you might say so, yes. You might even suspect a pump-and-dump scheme.
But that’s not the case here. The evidence:
- The Weiss Small-Cap Crypto Index is a very large basket of 70 different cryptos.
- All 70 are traded actively enough to merit a Weiss Crypto Rating.
- All meet a bare-bones minimal standard of technology and adoption, based on our ratings.
And no single crypto comprises more than 4% of the index.
Thus, the Weiss Small-Cap Crypto Index is a broad and solid indicator with far-reaching implications:
First, it tells you what’s really happening in the small-cap sector of the crypto marketplace. Until today, there was no way in the world to do that.
Second, the small-cap sector can be a reliable leading indicator of the crypto market as a whole. It predicted this week’s surge in Bitcoin with nearly two months’ advance warning.
Third, investors who can afford to take the risks stand to make a lot of money by trading this index. In the beginning of 2017, we set its value at 100. Now it’s trading 100 times higher. And that’s even after the big declines of 2018.
A Unique Convergence of Favorable Events
When crypto prices plunged last year, many observers seemed to assume it denoted an industry-wide decline in usage and practical applications. But as we clearly demonstrated in our widely acclaimed industry outlook, nothing could be further from the truth.
Leading cryptocurrencies now enjoy three times more volume in user (on-chain) transactions than they did in early 2018.
The industry’s network capacity and security have improved dramatically.
And the underlying technology has evolved with new, more efficient ways to secure digital assets.
This combination of lower prices and improved fundamentals offers a unique opportunity for investors who can afford the risk, avoid the worst, and invest in the best.