Weiss Ratings: Seven Strongest, Four Weakest Cryptocoins

Weiss Ratings Cryptocurrencies - Ibinex News

Bitcoin (BTC), Cardano (ADA), EOS (EOS), Ethereum (ETH), Ripple (XRP), Stellar (XLM), and TRON (TRX) are the top Cryptocoins according to a roster of 93 cryptocurrencies rated for free this week by Weiss Ratings, a private company providing research and analysis for consumers and business professionals alike.

Also in this report, Weiss disclosed its two “underlying component grades for each cryptocurrency.” Weiss Ratings’ founder Martin Weiss explains:

“Developers want a grade based exclusively on what their cryptocurrency project has achieved in terms of technology and adoption, regardless of market fluctuations. In contrast, investors seem to be more interested in how much money they can make or lose. Our overall Weiss Rating is a blend of both. But now, we are also breaking out the components so users can better understand what’s under the hood.”

For cryptocurrencies with a $5B market capitalization, only Bitcoin (BTC), Cardano (ADA), EOS (EOS), Ethereum (ETH), Ripple (XRP), Stellar (XLM), and TRON (TRX) got a Weiss Rating of B- or above.

The company also revealed the marks behind each rating for the first time, clarifying, “Bitcoin’s B- rating is composed of a B grade for Technology/Adoption and a D+ for Investment Risk/Reward; EOS’ B rating is composed of an A- grade for Technology/Adoption and a C- for Investment Risk/Reward; and Ethereum’s B- rating is composed of a B grade for Technology/Adoption and a C- for Investment Risk/Reward.”

Bitcoin Gold (BTG), Bitcoin Private (BTCP), Electroneum (ETN), and ReddCoin (RDD) were the four bottom feeders from among cryptocurrencies with a $100M market capitalization and above.

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