Press "Enter" to skip to content

China publishes new crypto currency rating! What is Bitcoin?

Other News


2018 China has been regularly rating three categories of cryptocurrencies since May and shares them with public opinion. In the Chinese industry and informatics Ministry, the cryptocurrency projects which are evaluated in three factors called basic technology, applicability and creativity can be switched to different queues almost every month.

The cryptocurrency projects, which have individual ratings in three separate areas, are then ranked according to the total score of the three fields, which is an important list for China, which has the potential for a fairly large cryptocurrency investor. In the first place, the EOS, which was announced this month, was able to retain its first prize with 153.1 points.

In the previous month, Tron (TRX  ), the second in all fields, was ranked third in the new rating and lost its order to Ethereum (ETH). One of the major reasons Tron’s loss of rank in this month’s ranking is most likely to cancel Justin Sun’s expected Warren Buffett dinner. Read the details of the relevant news here.

The open-source cryptocurrency project NULS (NULS) and blockchain project GXChain, whose name was not heard much, were able to cover the fourth and fifth row respectively.

-From OBN

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.