Token Health

What is Token Health?

Token Health is an index to evaluate the creditworthiness and stability of tokens. This health index gives the users a comprehensive overview of tokens in the cryptocurrency world. The model takes into account various types of data.

How is Token Health calculated?

At present, the data is grouped into seven main indicators including:

  • Market cap: The total worth of the crypto asset based on circulating supply and current price.

  • Number of transactions: The number of tokens traded.

  • Volume of transactions: The number of transactions over time.

  • Number of holders: The number of holders and the ratio of market cap to holders.

  • Distribution of tokens to holders: The rate of ownership distribution.

  • Price: The highest price-to-current price ratio.

  • Price stability: The change of the crypto asset’s price over time.

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