Weiss Crypto Ratings, a part of Weiss Ratings, LLC that provides financial ratings data for over 53,000 financial institutions since 1971, published a comprehensive report on cryptocurrency market trends and developments. The agency ranked digital assets, using the state of mass adoption and technology innovation as the main assessment criteria for long-term success. All in all, the agency analyzed 120 cryptocurrencies, providing assessments based on adoption/technology and risk/reward parameters.
Weiss Ratings founder, Martin D. Weiss, commented:
“Despite lower prices since early 2018, our ratings model gives us hard evidence that a critical segment of the cryptocurrency industry has enjoyed remarkable growth in user transaction volume, network capacity, and network security. Equally important is our finding that these improvements are often powered by an evolution in the underlying technology. Therefore, for those willing to take the risk, the best time to invest could be very near.”
The agency provided a list of the most promising coins for long-term investors. Below are the top-5 coins with the best combination of technical and adoption characteristic...