Weiss Ratings Back XRP, ADA, XLM & EOS

The American crypto research firm Weiss Ratings has published the latest update of its popular digital currency ranking which evaluates over 100 tokens out of a total of more than 3000 studied cryptocurrencies. Despite this, only four were rated as ‘strong buys’ by the firm.

According to the Ranking, the crypto coins get a rating ranging from grades E- to A+. If a crypto receives a B- or higher then it is considered to be a ‘buy’ when the rating is between C- and C+ it is considered a ‘hold’ whereas if it is lower than a d+ it is seen as a ‘sell’.

So only four out of a hundred cryptos are classed as buys. According to the recent study, XRP, Cardano, Stellar and EOS were rated higher than a B which meant that the prestigious risk assessment recommends their purchase and accumulation in the short term. The reasons behind this are based on their potential.

“These are among the few that are beginning to put it all together — the advanced tech and adoption in the…

Read Full Story : Crypto Daily™

2018-11-09 10:30:09

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