• Home
  • Podcast
  • App
No Result
View All Result
Subscribe
×
sign in
  • Learn
    • All
    • Crypto Basics
    • Token Metrics Tutorials
    • Weekly Index Performance
    Bitcoin: Everything You Need To Know

    Bitcoin: Everything You Need To Know

    What is Web 3.0? Everything You Need to Know

    What is Web 3.0? Everything You Need to Know

    NEW Token Metrics Crypto Market Indicators

    NEW Token Metrics Crypto Market Indicators

    Weekly Index Performance – May 26, 2022

    Weekly Index Performance – May 26, 2022

    NFTs Explained: What Are Non-Fungible Tokens?

    NFTs Explained: What Are Non-Fungible Tokens?

    Weekly Index Performance – April 27, 2022

    Weekly Index Performance – April 27, 2022

    When Does the Crypto Market Close?

    When Does the Crypto Market Close?

    Will Shiba Inu reach $1?

    Will Shiba Inu reach $1?

    How to Receive Crypto Alerts Through Token Metrics

    How to Receive Crypto Alerts Through Token Metrics

    • Crypto Basics
    • Weekly Performance
  • Market Analysis
    • All
    • Market Navigator
    • Market Update
    shanghai hard fork

    Shanghai Hard Fork – Investing Opportunities | Navigator

    The Bottom | Market Update

    The Bottom | Market Update

    The Metaverse Rally | Market Update

    The Metaverse Rally | Market Update

    The Dollar and DOGE| Market Update

    The Dollar and DOGE| Market Update

    Crypto Market Update

    Can Crypto Rally In October? | Market Update

    Crypto Rektember

    Can You Believe The Macro Shift ? Market Update

    Crypto Rektember

    From Rektember to a Brighter October | Market Update

    ethereum-its-time

    Ethereum: It’s Time | Market Update

    Europe is headed for a depression

    Europe is headed for a depression | Market Update

    • Market Update
    • Price Prediction
    • Market Navigator
  • Deep Dive
  • Hidden Gems
    • All
    • DeFi
    • Gaming and Metaverse
    • NFTs
    • Web 3
    Azuki NFTs

    Azuki | Hidden Gems – NFT

    LonelyPop

    LonelyPop, POTATOZ By 9GAG | Hidden Gems – NFT

    Moonrunners, Disco Kittiez | Hidden Gems – NFT

    Moonrunners, Disco Kittiez | Hidden Gems – NFT

    Evmos, Penumbra, Oasis Network | Hidden Gems – Web 3

    Evmos, Penumbra, Oasis Network | Hidden Gems – Web 3

    League Of Kingdoms, Aurory | Hidden Gems – Gaming and Metaverse

    League Of Kingdoms, Aurory | Hidden Gems – Gaming and Metaverse

    Orderly Network, zCloak Network | Hidden Gems – Web 3

    Orderly Network, zCloak Network | Hidden Gems – Web 3

    Sneakerheads, The Possessed NFT | Hidden Gems – NFT

    Sneakerheads, The Possessed NFT | Hidden Gems – NFT

    BitCraft Online, Earth from Another Sun | Hidden Gems – Gaming and Metaverse

    BitCraft Online, Earth from Another Sun | Hidden Gems – Gaming and Metaverse

    OnChainMonkey & RUNNER | Hidden Gems – NFTs

    OnChainMonkey & RUNNER | Hidden Gems – NFTs

    • DeFi
    • Gaming and Metaverse
    • NFTs
  • Code Reviews
  • Reports
    • All
    • Altcoin Quarterly
    • Awards and Ratings
    • News and Thought Leadership
    NFT Grade

    Introducing Token Metrics NFT Grade

    Token Metrics Research

    Introducing Token Metrics Research

    Research & Chill: 30% Token Metrics Discount

    Research & Chill: 30% Token Metrics Discount

    The Best Crypto News Sites of 2022

    The Best Crypto News Sites of 2022

    The Best Crypto Analysts of 2022

    The Best Crypto Analysts of 2022

    Token Metrics + CEX.IO Promotional Coupon

    Token Metrics + CEX.IO Promotional Coupon

    Partner plan

    NEW Token Metrics Partner Plan

    NEW Token Metrics Crypto Market Indicators

    NEW Token Metrics Crypto Market Indicators

    Best Altcoins of 2021 | Altcoin Quarterly Report | Q4 2021

    Best Altcoins of 2021 | Altcoin Quarterly Report | Q4 2021

    • Altcoin Quaterly
    • Moon Awards
    • News and Thought Leadership
  • TV
  • Learn
    • All
    • Crypto Basics
    • Token Metrics Tutorials
    • Weekly Index Performance
    Bitcoin: Everything You Need To Know

    Bitcoin: Everything You Need To Know

    What is Web 3.0? Everything You Need to Know

    What is Web 3.0? Everything You Need to Know

    NEW Token Metrics Crypto Market Indicators

    NEW Token Metrics Crypto Market Indicators

    Weekly Index Performance – May 26, 2022

    Weekly Index Performance – May 26, 2022

    NFTs Explained: What Are Non-Fungible Tokens?

    NFTs Explained: What Are Non-Fungible Tokens?

    Weekly Index Performance – April 27, 2022

    Weekly Index Performance – April 27, 2022

    When Does the Crypto Market Close?

    When Does the Crypto Market Close?

    Will Shiba Inu reach $1?

    Will Shiba Inu reach $1?

    How to Receive Crypto Alerts Through Token Metrics

    How to Receive Crypto Alerts Through Token Metrics

    • Crypto Basics
    • Weekly Performance
  • Market Analysis
    • All
    • Market Navigator
    • Market Update
    shanghai hard fork

    Shanghai Hard Fork – Investing Opportunities | Navigator

    The Bottom | Market Update

    The Bottom | Market Update

    The Metaverse Rally | Market Update

    The Metaverse Rally | Market Update

    The Dollar and DOGE| Market Update

    The Dollar and DOGE| Market Update

    Crypto Market Update

    Can Crypto Rally In October? | Market Update

    Crypto Rektember

    Can You Believe The Macro Shift ? Market Update

    Crypto Rektember

    From Rektember to a Brighter October | Market Update

    ethereum-its-time

    Ethereum: It’s Time | Market Update

    Europe is headed for a depression

    Europe is headed for a depression | Market Update

    • Market Update
    • Price Prediction
    • Market Navigator
  • Deep Dive
  • Hidden Gems
    • All
    • DeFi
    • Gaming and Metaverse
    • NFTs
    • Web 3
    Azuki NFTs

    Azuki | Hidden Gems – NFT

    LonelyPop

    LonelyPop, POTATOZ By 9GAG | Hidden Gems – NFT

    Moonrunners, Disco Kittiez | Hidden Gems – NFT

    Moonrunners, Disco Kittiez | Hidden Gems – NFT

    Evmos, Penumbra, Oasis Network | Hidden Gems – Web 3

    Evmos, Penumbra, Oasis Network | Hidden Gems – Web 3

    League Of Kingdoms, Aurory | Hidden Gems – Gaming and Metaverse

    League Of Kingdoms, Aurory | Hidden Gems – Gaming and Metaverse

    Orderly Network, zCloak Network | Hidden Gems – Web 3

    Orderly Network, zCloak Network | Hidden Gems – Web 3

    Sneakerheads, The Possessed NFT | Hidden Gems – NFT

    Sneakerheads, The Possessed NFT | Hidden Gems – NFT

    BitCraft Online, Earth from Another Sun | Hidden Gems – Gaming and Metaverse

    BitCraft Online, Earth from Another Sun | Hidden Gems – Gaming and Metaverse

    OnChainMonkey & RUNNER | Hidden Gems – NFTs

    OnChainMonkey & RUNNER | Hidden Gems – NFTs

    • DeFi
    • Gaming and Metaverse
    • NFTs
  • Code Reviews
  • Reports
    • All
    • Altcoin Quarterly
    • Awards and Ratings
    • News and Thought Leadership
    NFT Grade

    Introducing Token Metrics NFT Grade

    Token Metrics Research

    Introducing Token Metrics Research

    Research & Chill: 30% Token Metrics Discount

    Research & Chill: 30% Token Metrics Discount

    The Best Crypto News Sites of 2022

    The Best Crypto News Sites of 2022

    The Best Crypto Analysts of 2022

    The Best Crypto Analysts of 2022

    Token Metrics + CEX.IO Promotional Coupon

    Token Metrics + CEX.IO Promotional Coupon

    Partner plan

    NEW Token Metrics Partner Plan

    NEW Token Metrics Crypto Market Indicators

    NEW Token Metrics Crypto Market Indicators

    Best Altcoins of 2021 | Altcoin Quarterly Report | Q4 2021

    Best Altcoins of 2021 | Altcoin Quarterly Report | Q4 2021

    • Altcoin Quaterly
    • Moon Awards
    • News and Thought Leadership
  • TV
No Result
View All Result
No Result
View All Result
Home Learn

Weekly Index Performance – January 5th, 2022

by The Token Metrics Team
2022/05/12
in Learn, Weekly Index Performance
Reading Time: 7 mins read
0
Weekly Index Performance – January 5th, 2022
0
SHARES
15
VIEWS

In this newsletter, we will go through the top weekly performances of the Token Metrics Indices, the top TM grades, and how they performed over the past week. The second section of this newsletter will look into which coins are being picked most often for the upcoming week in the Token Metrics indices, and the top rated coins for the upcoming week.

Performance Review

For the last week of 2021, the total crypto market cap finished around the $2.3 trillion level, with Bitcoin finishing the year below $50K and Ethereum below $4K. The last week of December was tough for the big cryptocurrencies, as all of the top 10 coins by market cap had negative 7-day returns, with Solana having the largest loss (-13%). On the other hand, some coins proved to be uncorrelated to the big coins in the market, at least for the past week. In fact, out of the top 100 coins, only 10% had double digits weekly gains, most notably YFI (+33%), ATOM (+20%) and SUSHI (+17%). Figure 1 below shows the size of the market since January 1st 2021, as well as BTC dominance, which is currently at a low of 37%.

Figure 1: The Crypto Market Cap

Data as of 01/03/2022 – Past performance is not indicative of future performance

As mentioned above, the majority of the market was down over the past week, with the exception of a few assets that broke out on the upside. We could be seeing a change in market environment and a shift towards asset selection strategies rather than having exposure to the market by holding the big coins. To see how the TM Indices reacted and performed during the past week, the table below shows the performance of the best index by its corresponding exchange. As shown, the TM indices had a very good week, which means that the indices were able to pick some winners out of the entire market. To dive deeper, figure 3 below shows the daily returns of the All-Exchange, Weekly, High-Cap index as well as it’s allocation that led to the 33% weekly gain. As shown, the index had big weekly winners: GFARM2 (+114 %), and RAIDER (+175 %).

Figure 2: Best weekly performance of TM indices

ExchangeTime-HorizonLow-Cap7-Day Return
All exchangesWeeklyNo+33 %
KucoinDailyYes+15 %
BinanceWeeklyNo+6 %
UniswapDailyYes+10 %
KrakenWeeklyNo+11 %
CoinbaseWeeklyNo+18 %

Data as of 01/03/2022 – Past performance is not indicative of future performance

Figure 3: Daily returns of Weekly All-Exchange High-Cap index and it’s allocation

Data as of 01/03/2022– Past performance is not indicative of future performance

TM Grade

The TM grade is a great tool to identify coins that have strong bullish momentum. The TM grade was able to identify coins that had a good performance over the past week. Shown in Figure 4 below are the top five coins that had a high TM grade and had a good ROI up to today.

Figure 4: Top Performers by TM Grade

CoinTM GradeDate of GradeROI
Crypto Raiders9012/27+175 %
Gains Farm9012/27+114 %
Frax Share8512/27+60 %
Metis Token9112/27+48 %
Flux9012/27+27 %

Data as of 01/03/2022– Past performance is not indicative of future performance

To see how and when the TM indices started picking some of these winning coins, figure 5 below shows the time-series of the TM grade in blue compared to price in red, as well as when this coin was picked by our indices in green. For MahaDAO, the coin was picked by our indices when it was trading below $4, and it was held all the way till today, where the price is at $9.

Figure 5: TM Grade vs. Price and Index allocation date

Data as of 01/03/2022– Past performance is not indicative of future performance

Market Regime

At Token Metrics, we have built multiple market signals that help identify the prevailing trend and strength of momentum. In figure 6 below, we show our TM grade indicator applied on the total crypto market cap, which is built by looking at the proportion of coins that have a low TM grade compared to coins with high TM grades. When the majority have a low TM grade, it signals that the market is likely to be in a bearish regime. In addition, figure 7 below shows our breakout indicator applied on the top 100 coins. The red clouds signifies that we have many more coins breaking below support than coins breaking above resistance, which also signifies a bearish environment.

We can see from figure 6 that the TM market indicator is still bearish on the total market since the

$2.75 Trillion level, as we still have more coins with low TM grades in the top 100 coins by market cap. In addition, figure 7 shows that most coins in the top 200 are still trading below resistance and near support, signifying that most coins are trading in a range and are yet to breakout.

Figure 6: TM Grade Market Indicator

Data as of 01/03/2022 – Past performance is not indicative of future performance

Figure 7: TM Breakout Market Indicator

Data as of 01/03/2022 – Past performance is not indicative of future performance

Looking ahead

On tokenmetrics.com, we show the best TM graded coins per sector as shown below in figure 8.

Figure 8: Highest TM Grade per sector

SectorBest CoinTM Grade
DeFiDopex91
DexeOsmosis89
GamingBetu90
MetaversePhantasma89
NFTNFTX85

Data as of 01/03/2022 – Past performance is not indicative of future performance

For this coming week, Figure 9 below shows the top rated coins by TM grade, filtered by exchange.

Figure 9: Best TM grades for each exchange

ExchangeCoins
BinanceSUSHI, HNT, HIVE, CELO, NEAR
CoinbaseSUSHI, CELO, LUNA, YFI, SPELL
UniswapCEL, DPI, SOUL, FUSE, NEXO
KucoinAXC, TIME, XDC, SOUL, VLX

Data as of 01/03/2022– Past performance is not indicative of future performance

Looking at the current indices allocation, we can also see that the most popular coins in the TM indices for this coming week is SUSHI. Other popular coins in the TM indices currently are MATIC, ATOM, and HNT.

Tags: Freelearnweekly performance review
The Token Metrics Team

The Token Metrics Team

Token Metrics is an AI-driven cryptocurrency research and analytics platform.

Related Posts

Help

Market Landing Page Tutorial

January 6, 2023
NFT Grade
News and Thought Leadership

Introducing Token Metrics NFT Grade

August 18, 2022
Token Metrics Research
News and Thought Leadership

Introducing Token Metrics Research

July 9, 2022
Next Post
Market Update – January 6th, 2022

Market Update - January 6th, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

COMPANY

  • About Us
  • Contact Us
  • Privacy Policy
  • Sitemap

7600 Chevy Chase Drive, Suite 300, Austin, Texas, 78752, USA
Email: info@tokenmetrics.com | Tel: +1-888-908-6536

DISCLAIMER

Token Metrics Media LLC is a regular publication of information, analysis, and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies.

Token Metrics Media LLC does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Token Metrics Advisers LLC registered as an investment adviser or broker-dealer in any jurisdiction.

Information contained herein is not an offer or solicitation to buy, hold, or sell any security. The Token Metrics team has advised and invested in many blockchain companies. A complete list of their advisory roles and current holdings can be viewed here: https://tokenmetrics.com/disclosures/

Token Metrics Media LLC relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information. Additionally, Token Metrics Media LLC does not provide tax advice, and investors are encouraged to consult with their personal tax advisors.

All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Ratings and price predictions are provided for informational and illustrative purposes, and may not reflect actual future performance.

Copyright © 2022 - Token Metrics - All Rights Reserved

No Result
View All Result
  • Learn
    • Crypto Basics
    • Weekly Performance
  • Market Analysis
    • Market Update
    • Price Prediction
    • Market Navigator
  • Deep Dive
  • Hidden Gems
    • DeFi
    • Gaming and Metaverse
    • NFTs
  • Code Reviews
  • Reports
    • Altcoin Quaterly
    • Moon Awards
    • News and Thought Leadership
  • TV

Copyright © 2022 Token Metrics All Rights Reserved