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Metaverse Index news
About Metaverse Index
Metaverse Index is an index launched by Index Coop. Metaverse Index, by Index Coop, is a basket of tokens designed to capture the trend of entertainment, sports and business shifting to a virtual environment. The index is represented by an ERC20 token.
The MVI uses a combination of square root of market cap and liquidity weighting to arrive at the final index weights. We believe that liquidity is an important consideration. The space overall is rather nascent still and shallow liquidity complicates on-chain rebalancing and portfolio allocation.
The final index weights are calculated using the following formula:
TW = 75%RMCW + 25%LW
TW – token weight in the $MVI
RMCW – square root of market cap weighted allocation
LW – liquidity weighted allocation
The live Metaverse Index price today is $45.36 USD with a 24-hour trading volume of $68,603.41 USD. We update our MVI to USD price in real-time. Metaverse Index is up 4.84% in the last 24 hours. The current CoinMarketCap ranking is #3795, with a live market cap of not available. The circulating supply is not available and a max. supply of 39,602 MVI coins.