Weiss Crypto Ratings puts bitcoins apart from EOS and XRP in its annual outlook



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Weiss Crypto Ratings has put Bitcoin (BTC) aside from XRP and EOS in its report on emerging trends in cryptography markets, released on Tuesday, March 26.

The report, dubbed "Dark Shadows with a Promising Future" – is based on the badysis of 120 crypto-currencies and badigns notes in letters to crypto-currencies offering the best combination of adoption and technology.

According to CoinMarketCap, XRP is the third largest currency in the world in terms of market capitalization and ranks "A". According to the report, it is "best placed" to compete with SWIFT, a global system of interbank transactions. EOS has also been rated A as the leading cryptocurrency that challenges Ethereum (ETH) to become "the backbone of the new Internet".

BTC received the A rating for its Lightning Network upgrade and its ability to become a popular value store for savers and investors. Ethereum (A-) and Cardano (B +) are the most sought after currencies because of their smart contract capabilities.

Weiss Crypto Ratings annual outlook

Annual Outlook of Weiss Crypto Ratings. Source: weisscryptocurrencyratings.com

However, the results of another rating in the report on risk and reward factors are far from satisfactory. According to Weiss Crypto Ratings, only four coins – EOS, XRP, BTC and Binance (BNB) – can be valued as B-, none of the currencies getting an A.

Weiss Ratings founder Martin D. Weiss believes that, despite the bear markets, the best time to invest in cryptocurrencies is near:

"Despite the low prices since early 2018, our rating model proves that a critical segment of the cryptocurrency industry has seen remarkable growth in user transaction volume, network capacity, and security. network. […] Therefore, for those who are willing to take the risk, the best time to invest could be very close. "

The big crypto-bulls are waiting for the next "Crypto Spring" to bring improvements in the price of crypto. Tom LeeThe co-founder of Fundstrat, a pro-crypto Wall Street badyst, believes the sector will benefit from nine incremental improvements in the landscape that could eventually bear higher prices. In February, Zhao Dong, billionaire of Bitcoin, said that he thought higher valuations would come back in 2020.

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