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Weiss Ratings named Cardano, Tezoss, Cosmos and Fantom the most technological cryptocurrencies

Weiss Ratings named Cardano, Tezoss, Cosmos and Fantom the most technological cryptocurrencies

Weiss Crypto Ratings Agency in the new rating of cryptocurrency projects has put the highest rating on the manufacturability of four blockchains: Cardano, Tezos, Cosmos and Fantom.

Rating
it is compiled weekly and includes various categories. Projects are evaluated based on their technology, profitability-risk ratio, and acceptance. In the “Technology” category, only the above-mentioned projects received an “excellent” rating, while Bitcoin was rated only as a “good” project. Ethereum has earned a rating of “good”.

At the moment, there are 123 coins and tokens in the rating. The highest overall rating is B, and on the return-to-risk scale, no cryptocurrency has received a rating higher than D.

Interestingly, of the four named coins, three have risen in price by more than 10% over the past day. And only the Fantom coin added only 5%. The growth of alternative cryptocurrencies was also helped by the growth of bitcoin, which added more than 6% yesterday.

Recall that when compiling the rating, Weiss Crypto Ratings analysts create five levels of mathematical model that take data on the project’s technology, acceptance, risk and development. After that, the data is processed by its own SOFTWARE, which determines the importance of each component and the prospect of further success or failure of the company. Weiss Crypto Ratings emphasizes that it does not receive money from projects included in the rating, so it is quite objective.

At the moment, only two projects have an overall B+ rating — Bitcoin and Ethereum. At the same time in February The bitcoin valuation was rising
to A -, but then was lowered again.