Shiba Inu & XRP Featured in Hong Kong’s Virtual Asset Index

• The HKVAC has released a comprehensive crypto asset index with 30 cryptocurrencies.
• SHIB, XRP, DOGE, and ADA are also spotted in the index.

Top cryptocurrencies XRP, Shiba Inu (SHIB), Dogecoin (DOGE) and Cardano (ADA) spotted in the HKVAC index along with 26 leading cryptocurrencies.

Hong Kong’s leading virtual assets rating agency, the Hong Kong Virtual Assets Consortium (HKVAC), has recently introduced its latest virtual asset index, offering a comprehensive evaluation of 30 prominent cryptocurrencies. The index, primarily based on market capitalization..

The HKVAC is renowned for its diligent assessment of crypto assets and exchanges, ensuring reliability and transparency within the virtual asset space. As cryptocurrency continues to gain momentum and prominence worldwide, the need for credible evaluation and monitoring becomes increasingly crucial.

Shiba Inu and Dogecoin created as a jock memecoin. But now it has become leading in the market and attracted many crypto investors. Also, the SHIB community is awaiting for the layer 2 blockchain “Shibarium”. That is expected to launch in the coming month.

Further, recently XRP and Cardano also gained momentum. In addition, Ripple’s lawsuit with the SEC has more impact on the XRP price. Also, Ripple has the upper hand in the SEC vs Ripple case.

However, with the release of this new index, the HKVAC aims to provide investors and enthusiasts with a reliable benchmark. To assess the market performance and relative standings of various cryptocurrencies. 

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