• HKVAC’s latest cryptocurrency index launch has sparked controversy relating to the exclusion of some cryptocurrencies.
• The index didn’t embrace SOL, AVAX, UNI and ETC, however did embrace FTM and EOS.
• The company responded that digital currencies can be thought-about for inclusion by July 14.

The Hong Kong Digital Asset Consortium (HKVAC), a score company, just lately launched a crypto-asset index that has prompted controversy because it included FTM and EOS however excluded main cryptocurrencies comparable to SOL, AVAX, UNI and ETC. In response to a disagreement, HKVAC has vowed to rebalance the index by July 14th to take note of the addition of those cryptocurrencies.

Chinese language cryptocurrency journalist Colin Wu shared a thread on his Twitter web page, Wu Blockchain, highlighting KKVAc’s response to the continued debate on crypto-asset indices.

Yesterday, the reporter shared on Twitter the announcement of a cryptocurrency index that marks the highest crypto property by market capitalization. The record launched by the company contains WBTC, BTCB, stETH, BCH, LTC, BNB, MATIC, ADA, ATOM, FIL, NEAR, ALGO, ICP, XRP, DOGE, DOT, WTRX, SHIB, TRX, LINK, LEO, It contains XMR, XLM, OKB, LDO, HBAR, VET, QNT, FTM, EOS, in addition to the biggest cryptocurrencies by market capitalization, BTC and ETH.

In response to CoinMarketCap, blockchain platform Solana’s SOL is at the moment buying and selling at $16.14, rating tenth by market capitalization. The 24-hour buying and selling quantity is $293,742,225. Equally, AVAX, the native token of good contract platform Avalanche, is buying and selling at a value of $12.96, with a 24-hour buying and selling quantity of $115,248,018. This cryptocurrency ranks 18th by way of market capitalization.

One other cryptocurrency excluded by HKVAC, UNI is the native token of decentralized trade (DEX) Uniswap. In response to CoinMarketCap, the token is at the moment priced at $5.13, with a 24-hour buying and selling quantity of $51,747,220 and a market capitalization rating of twenty sixth. In response to information launched by CoinMarketCap, ETC of Ethereum Traditional, which trades at $18.34, can also be excluded by HKVAC, though it ranks twenty ninth by market capitalization.

HKVAC excluded these highly effective tokens, however included cryptocurrencies comparable to FTM and EOS with comparatively low market capitalization. Blockchain platform Fantom’s FTM at the moment sells for $0.3031 and ranks forty sixth by market capitalization in response to CoinMarketCap. Equally, the present value of EOS on EOSIO is $0.7100, rating fiftieth available in the market capitalization rating.