The CoinMarketCap 20 Index (CMC20) has entered a consolidation phase after an impressive 89.69% increase since its launch on November 17. Currently trading at $185, the index, which tracks the top 20 cryptocurrencies by market cap, has seen a daily trading volume of $3.75 million. While technical indicators hint at a possible rise to $200, the momentum has decelerated. The CMC20 is part of the emerging Decentralized Token Folios (DTFs), offering a decentralized alternative to traditional ETFs by combining multiple crypto tokens into a single tradable unit.