Global ranking firm Weiss has released a report showing five altcoin with technology superior to the world’s second-largest coin, Ethereum.
Weiss Ratings, which began operations in 1971, is the only financial ratings agency that provides a combination of five critical advantages for users: The broadest coverage, the strictest independence, complete objectivity, high ethics and a commitment to safety.
Weiss Ratings has been providing research and analysis of financial markets for over 30 years and published its first crypto rankings in early 2018.
Weiss divide coins ratings in five categories. These 5 categories are:
- Top Coins by Rating.
- Top Coins by Adoption.
- Top Coins by Technology.
- Top Coins by Market Momentum.
- Top Coins by Investment Risk.
Cardano (ADA), Polkadot (DOT), Tezos (XTZ), Cosmos (ATOM), and Fantom (FTM), they all are above Ethereum in Weiss “Top Coins by Technology” category. Ethereum (ETH) has a lower technology score than these coins and is lagging behind them in technology.
However Ethereum is still leading and present in Weiss “Top Coins by Rating” category because of mass adoption and market performance factor, and Bitcoin coming in second.
According to Weiss their Ratings is based on:
they are based on a groundbreaking model that considers thousands of data points on each coin’s technology, adoption, investment risk, and market momentum.
In the “Top Coins by Rating” category, Ethereum (ETH) leads the market with an “A-” rating, followed by Bitcoin with a “B” rating, Stellar and Cardano (ADA) following closely with “B-“. Ripple, Litecoin, Zcash, Dash, Monero and Dogecoin are given C+.
Visit Weiss Crypto Rating: https://weisscrypto.com/en/coins
Dogecoin Technology is rated Weak. Despite of the fact that Dogecoin developers are working with Elon musk to improve the infrastructure of Dogecoin and make it more suitable for payments.
Leading privacy coins, Monero and Dash technology is also rated as weak. The privacy coins are becoming more favorite of cybercriminals in recent weeks.