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Home Altcoins

Rating: Cardano and Tezos Technologies Rank Better than Ethereum

Cardano, IOTA Ahead of Ripple in Overall Rating

by Khalid Lawal
May 13, 2020
in Altcoins, Tech
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A US-based crypto rating platform that claims to be unbiased with its valuations which are based in complex analysis of numerous factors, Weiss Rating, rated Cardano and Tezos blockchain technology has the best performers in terms of technology, staying ahead of top crypto coins like Ethereum.

Weiss, in a table, sees Cardano and Tezos as the best performers due to their underlining technologies. Based on the information made available on Weiss website, Cardano, alongside Tezos, bagged ‘excellent’ rating from the Weiss assessment.

Weiss, based on its rigorous assessment, believes Cardano and Tezos are the two cryptocurrencies with the best technologies in the industry.

Tezos made the first position while Cardano, Cosmos and Fantom were placed on the second, third and fourth respectively on the table centered in evaluating cryptocurrencies based on technology.

Cosmos and Fantom also got ‘excellent’ grade for the performance of their technology. Ethereum stood behind Fantom, fifth position, with a ‘good’ grade.

Bitcoin, Ripple, Stellar stood as the eleventh, twelveth and fourteenth best cryptocurrency in terms of technology performance on the table.

Cardano, IOTA Ahead of Ripple in Overall Rating

However, in the overall rating of the entire performance of each cryptocurrency, Bitcoin and Ethereum took the lead with an A– and B+ grade respectively. Cardano, IOTA and Ripple also followed, bagging B, B and B– rating respectively.

In terms of market performance, Weiss posited that Cardano is doing better than IOTA and Ripple.

Tags: CardanoCardano newsIOTARippleTezosWeissWeiss Rating
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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