THELOGICALINDIAN - Weiss Ratings a clandestine aggregation which provides assay and assay for consumers and business professionals has appear its account of 93 cryptocurrency ratings for chargeless this anniversary with Bitcoin BTC Cardano ADA EOS EOS Ethereum ETH Ripple XRP Stellar XLM and TRON TRX advancing out on top
Weiss Ratings, the alone banking appraisement bureau currently alms cryptocurrency reviews, has appear its abounding account of 93 bill and tokens to the accessible for chargeless – this anniversary only. Access to the account is usually aloof alone for paid subscribers.
Additionally, Weiss has, for the aboriginal time, appear its two basal basic grades for anniversary cryptocurrency. One brand array a cryptocurrency’s technology and adoption, while a additional ante its risk-to-reward ratio. Explains Weiss Ratings’ architect Martin Weiss:
Among cryptocurrencies with a bazaar assets of $5 billion, alone seven currently arete an all-embracing Weiss Rating of B- or higher. Those seven are Bitcoin (BTC), Cardano (ADA), EOS (EOS), Ethereum (ETH), Ripple (XRP), Stellar (XLM), and TRON (TRX).
For the aboriginal time, Weiss has additionally appear the grades abaft anniversary rating, explaining, “Bitcoin’s B- appraisement is composed of a B brand for Technology/Adoption and a D for Investment Risk/Reward; EOS’ B appraisement is composed of an A- brand for Technology/Adoption and a C- for Investment Risk/Reward; and Ethereum’s B- appraisement is composed of a B brand for Technology/Adoption and a C- for Investment Risk/Reward.”
Not every cryptocurrency accustomed adequate scores.
Among cryptocurrencies with a bazaar assets of $100 actor or more, four currently represent the affliction of the worst. Those four are Bitcoin Gold (BTG), Bitcoin Private (BTCP), Electroneum (ETN), and ReddCoin (RDD).
Furthermore, amid the 93 cryptocurrencies covered, not one accustomed an all-embracing Weiss Rating of A , A or A- (excellent). Instead, “14 are rated B or B- (good); 54 are rated C , C or C- (fair); 16 are rated D , D or D- (weak); and 9 are rated E , E, or E- (very weak).”
While some may feel that Weiss’ ratings are low beyond the board, the aggregation has explained its acumen for giving no cryptocurrency college than a B. Notes Weiss:
Anyone absorbed in blockage out Weiss’ abounding account for chargeless can do so by accouterment their email abode here.
What do you anticipate about Weiss absolution its cryptocurrency ratings for chargeless this week? Do you accede with their scores? Be abiding to let us apperceive your opinions in the comments below!
Images address of PxHere, Weiss Ratings
