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True index is
1/
663 = 0.0015
If it is any consolation, Dash's coinmarketcap.com marketcap is closer to its "Adoption-adjusted Market Cap" than Ethereum's and Litecoin's are.
I thus suggest an idea for a new metric for ranking altcoins.
Sqrt(M x H)
M = Mean transactions fees paid per unit time to decentralized proof-of-work miners
H = hash rate (normalized in electricity cost per hash to SHA256).
Using
M = Sent avg. per hour, H = Hashrate (normalized):
| Coin | | Relative Adoption | | Ratio | | Adoption-adjusted Market Cap |
| 1.Bitcoin | 6.5×10¹² | 1 | $6.4 billion |
| 2.Namecoin | 8.6x10¹⁰ | 1/76 | $85 million |
| 3.Ethereum | 6.6x10¹⁰ | 1/99 | $65 million |
| 4.Litecoin | 1.3x10¹⁰ | 1/500 | $13 million |
| 5.Dash | 9.8x10⁹ | 1/663 | $10 million |
| 6.Blackcoin | 7.4x10⁸ | 1/8784 | $0.7 million |
| 7.Dogecoin | 6.1x10⁸ | 1/10656 | $0.6 million |
| 8.Auroracoin | 5.8x10⁶ | 1/1120690 | $5,931 |
| | | |
I edited the table above so readers can see the "Adoption-adjusted Market Caps".
You can see how pitiful the altcoins are.