4 potential coins Weiss Ratings recommends buying

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Recently, Weiss Ratings announced the update of cryptocurrency rankings based on the evaluation of 111 tokens out of 3,000 codes under study, of which only 4 are potential altcoins that according to the company should be bought.

In the rankings, cryptocurrencies are ranked from E- to A +. Cryptocurrencies are said to be worth “Buying” when ranked higher than B-, if ranked between C- and C +, it is considered to be “Hold”, while if it is lower than D +, it is earned. considered to be “Sell”.

According to recent research,  Ripple (XRP) ,  Stellar (XLM) ,  Cardano (ADA)  and  EOS  are rated above “B”, meaning the company assesses the risks of buying and accumulating in the short term. The reason behind this is based on their potential:

“This is one of the few coins that can gather elements, including advanced technology and real-world applicability. They have not really achieved it, but are making very good progress. ”

According to the report, Ripple and Stellar have high potential for traditional financial industries, while EOS and ADA will have a significant impact on building a decentralized ecosystem:

“XRP and Stellar are appealing to businesses and institutions, mainly for fast money transfers. In contrast, EOS and Cardano are designed to create virtual communities, with each participant empowering to influence the future direction of the project, spanning a wide range of applications. ”

Weiss Ratings: Looking to the future

The Weiss Ratings team is quite optimistic about these cryptocurrencies. They said:

“Think about that. They (the coins) have made significant progress during a period of time when investors suffered massive losses, damaging the industry’s reputation and worse.

So imagine what their performance and profit will be when the cryptocurrency market is more sustainable! ”

Bitcoin  is rated C. This cryptocurrency has a lot of potential, especially in wide acceptance; however, it does not have as much technological innovation as other projects (for example: ADA and EOS).

The team mentioned that the rating of the cryptocurrency could rise once the  Lightning Network  becomes a reality, but they are aware that “this may take longer”.

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