Altcoin News: Weiss Ratings Called XRP, EOS and BTC the Most Promising Cryptocurrency

March 27, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The independent rating agency Weiss Ratings published a report analyzing the positions of 122 digital assets. According to analysts, the most promising of them are BTC, XRP, and EOS.

In the monthly report, the agency presented the results of a study of the cryptocurrency market, in which all digital assets were assessed in the categories “Investment Risk and Profit”, as well as “Technology and Acceptance”. Each cryptocurrency was assigned a rating from A to F.

Source: https://weisscryptocurrencyratings.com

XRP, EOS, and BTC fell into class A on the “Technology and Acceptance” parameter. Interestingly, in the overall ranking, the same assets rank first, but even they received a B-rating, as well as the Binance exchange token (BNB).

“Despite the decline in cryptocurrency rates since the beginning of 2018, our rating model shows that in the critical segment of the industry there was a noticeable increase in transaction volumes, network bandwidth and its security. Equally important, this growth is based on the evolution of the underlying technology. Therefore, those who are able to accept the risk should invest in this area in the near future,” said Weiss Ratings founder Martin Weiss.

Last week, the Information Technology Development Center of China released the eleventh rating of cryptocurrency. EOS came first, Tron (TRX) ranked second, and Ethereum (ETH) closed the top three. Bitcoin (BTC) dropped two positions and was ranked 15th.

Author: Marko Vidrih