Weiss Ratings, grants Steem the B- rating.

in #cryptocurrency7 years ago (edited)

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Today, Weiss Ratings published the first Crypto coin valuation report. None of the coins on the Crypto Market received a rating of A. According to this assessment, Steem receives B-. This is an excellent result for Steem. I mentioned that only 5 coins were rated B. The coins that received B are: Cardano, EOS, Ethereum, Neo, Steem. The majority of the coins were rated C. Among the coins rated C are Bitcoin, XRP, Monero, Dash, Litecoin.

Rating interpretation is:

A - excellent
B - good
C - fair
D - weak
E - very weak

https://wcy.weissratings.com/media/wri/PDF/WCY/Weiss-Cryptocurrency-Ratings.pdf

The underlying meaning of this rating is:

B -buy
C -hold
D -sell

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Good !!

I upvote and follow you. Please follow me and upvote me.

Excellent news!

I believe that Steem is much more prosperous than most other cryptocurrencies because it provides a real value - while Bitcoins are mined by powerful computers solving otherwise usefulness algorithms, Steem is mined mostly by people posting enjoyable/informative/thoughtful content and discussing with other people. It is also much more stable since you can't sell everything you have even if you wanted to.

Cheers! : )

Great news for Steem. I’m a little surprised xrp and bitcoin are rated a c.

Very good type / informations of raiting !

Glad that i followed you.. your posts content is very rich

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