The Hong Kong Rating Agency announced the index performance of the top 30 coins. Hong Kong Virtual Assets Consortium (HKVAC), a cryptocurrency exchange based…


Hong Kong Rating Agency Announces Index Performance of Top 30 Coins

Hong Kong Virtual Assets Consortium (HKVAC), a cryptocurrency exchange based in Seychelles, has announced the launch of its virtual asset index. In addition to Bitcoin, Ether and Stablecoins, WBTC, BTCB, stETH, BCH, LTC, BNB, MATIC, ADA, ATOM, FIL, NEAR, ALGO, ICP, XRP, DOGE, DOT, WTRX, SHIB, TRX, LINK, LEO, XMR, XLM, OKB, LDO, HBAR, VET, QNT, FTM, EOS are all included in the Agency Virtual Asset Index. The HKVAC Cryptocurrency Big Market Cap Index measures the performance of high-cap cryptocurrencies in the global crypto market. The adjusted review date of each quarter is the last day of the quarter (March, June, September and December). The dependability of the trading platform is reflected in the Virtual Asset Exchange Rating, which encourages openness and accountability in the virtual asset trading industry. Accordingly, the performance of virtual assets included in the index by HKVAC is positive 21.82% year to date and down 9.97% over the past three months. Despite the relatively good performance of Bitcoin and Ether, other altcoins like BNB, MATIC, ADA, and SOL have fallen heavily in recent days due to SEC crackdowns. Nevertheless, the listed tokens include a substantial number of platform tokens, privacy tokens, and tokens classified as securities.

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