The cryptocurrency price index we’ve always needed

The holy grail of cryptocurrency trading is the Lambo: the wildly unncessary car used to thumb the nose at non-believers, no coiners. But how much does a Lambo really cost in cryptocurrency? Which coin will get you the best deal? Lambonomics can answer that.

I present to you: the Lambo Index. A new website has been launched that tells you, in real time, how much cryptocurrency you need for a Lamborghini Huracan, worth over $200,000. Today, one will set you back just over 3,000 Litecoin.

You see, in economics, there’s something called the Big Mac index. Burgernomics is a method of comparing two currencies by how much a hamburger costs in each and determining the appropriate exchange rate.

If a Big Mac costs $5 in America, but the equivalent of $20 in South America, then the exchange rate between the two currencies should be 1:4.

We can use it to see how currencies compare – if they’re valued correctly. Now, while the Lambo Index only…