Analysis EOS news

Weiss Crypto Ratings moves bitcoins back in favor of EOS and XRP in annual forecast

Weiss Crypto Ratings put Bitcoin (BTC) in the direction of XRP and EOS in its report on new trends in crypto-markets, published on Tuesday, March 26.

The report, called Dark Shadows with a Bright Future, is based on an analysis of 120 cryptocurrencies and assigns letter grades to cryptocurrencies that have the best combination of adoption and technology.

XRP, the third largest coin in the world by market capitalization according to CoinMarketCap, has a rating of “A”, and according to the report is the “best place” to compete with SWIFT – the global system of interbank transactions. EOS also received an A grade as the leading cryptocurrency that challenges Ethereum (ETH) in an attempt to become the “foundation of the new Internet”.

BTC received an A rating for upgrading the Lightning Network and the opportunity to become a popular repository of values for investors and investors. World currency is followed by Ethereum (A-) and Cardano (B +), which are highly valued for their clever contractual abilities.

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

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

“Despite lower prices since the beginning of 2018, our rating model provides us with convincing evidence that the critical segment of the cryptocurrency industry has seen a significant increase in user transactions, network bandwidth and network security […], the best time to invest can be very close. “

Large crypto bulls expect the coming “Crypto Spring” to bring a rise in crypto prices. Tom Lee, co-founder of Fundstrat and a supporter of crypto-analytics from Wall Street, believes that the industry will have 9 incremental improvements in the landscape that can ultimately support higher prices. In February, the alleged bitcoin billionaire Zhao Dong said that, in his opinion, higher marks would return in 2020.

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