Weiss Ratings Named The Best Cryptocurrency and this is not Bitcoin

Recently, the rating agency Weiss Ratings has published its personal rating of digital coins. According to their version, the best cryptocurrencies are XRP and EOS. This report was called “Dark shadows with a bright future” in the company, it has 120 coins. It should be noted that each cryptocurrency was evaluated by two parameters: technology and its practical application.

The brainchild of Ripple labs, the XRP token received the highest rating – “A”. According to Weiss Ratings employees, it is in the “best position” to compete with the SWIFT system. EOS cryptocurrency, as Ethereum’s main competitor, was also rated “A”. The constant flagship of the cryptocurrency industry – Bitcoin, took only third place in this ranking. The agency staff appreciated the new development of the Lightning Network, and also recognized the huge potential of this coin to become a popular means of accumulating and saving capital. Next on the list are Ethereum and Cardano, as the main platforms on which it is possible to create decentralized applications, as well as smart contracts.

The agency also evaluated digital coins in terms of the ratio of potential profitability and associated risks. According to this criterion, at Weiss Ratings, none of the cryptocurrencies was assigned an “A” rating, only EOS, XRP, BTC and BNB were awarded “B-”.

We want to remind you:

Michael Novogratz: The Total Bitcoin`s Cost Will Exceed the Capitalization of Gold

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