Weiss Ratings out for Cryptocurrencies

in #news7 years ago (edited)

A sneak peak at the Weiss Ratings

The ratings would be based on a model that analyzes thousands of data points on each coin's technology, usage, and trading patterns.

weissratings.jpg

A Ratings

  • TRON (TRX)
  • HsShare (HSR)
  • NEO (NEO)
  • Electroneum (ETN)
  • Cardano (ADA)
  • EOS (EOS)
  • Ripple (XRP)

I'm sure the full list will be out soon.

update

Steem gets a B-
weissratings-b.jpg

update 2

Looks like there are two images floating around
weissratings-2a.jpg
weissratings-2b.jpg
weissratings-2c.jpg


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quite interesting

The value of each currency is based on its rating, its value is determined

As it says, an A or B rating means that is a buy. Based on all the criteria Weiss uses to determine the rating.
The lower ratings for the rest of the coins could be due to the recent correction.
Weiss also notes that

Despite extreme price volatility, cryptocurrencies have a bright future and the potentional to deliver unusually large profits to investors.

Cool. I wasn't aware of that. Once the site loads I will check it out...:)

This is good news for cryptos.
And the market seems to be reacting accordingly.

Wait your top picture has to be a troll.

No way Electroneum gets ranked so high. Unless someone on here can give me evidence otherwise, they've over promised, underdelivered, and barely have a working wallet.

It was.
Or, someone decided to adjust the ratings before it was published.

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