Financial rating agency Weiss Ratings published a rating of 93 cryptocurrencies. Nine coins were rated E (very weakly) and none were awarded criterion A (excellent).
Cryptocurrencies were assessed according to two criteria: technology and adoption, as well as risk and reward ratio. According to the researchers, the total score is based on a “complex algorithm,” and not on the average of the two arithmetic indicators.
Among the cryptocurrencies with a market capitalization of $5 billion or more, only seven received a rating of B and above: Bitcoin, Cardano, EOS, Ethereum, Ripple, Stellar and TRON.
Cryptocurrencies with a capitalization of $100 million – Bitcoin Gold, Bitcoin Private, and ReddCoin – were awarded the D mark, and the leader among the weakest coins was the Electroneum cryptocurrency (E+).
It should be noted that judging by the data of the third column, researchers estimate the risks of investing in high-level cryptocurrencies.
“Developers need an assessment based on what their cryptocurrency project has achieved in the context of technology and distribution, regardless of market fluctuations. Investors are interested in how much money they can earn or lose. Weiss Ratings is the golden mean of these two parameters, ” explained the founder of the agency, Martin Weiss.