Weiss Ratings Named 12 "Weakest Cryptocurrencies"

Citing several factors, including risks for investors, technological features and popularity, the agency named 12 "weakest" coins
16 March 2018   2940

Weiss Ratings, one of the world's largest rating agencies, presented a new analysis related to the crypto-currency market, which included 12 of the weakest digital assets this time.

Citing several factors, including risks for investors, technological features and popularity, the agency assigned these alphanumeric ratings from D to E, where D means "weak", and E - "very weak".

According to Weiss Ratings, at present traders should avoid investing in the following crypto-currencies:

  • Auroracoin (D-)
  • Comet (E-)
  • Electroneum (E+)
  • Expanse (E)
  • Gulden (D-)
  • Matchpool (E)
  • Megacoin (E-)
  • Novacoin (E)
  • PotCoin (D-)
  • Quark (E-)
  • Rise (D-)
  • SaluS (E-)

Many newcomers rush into cryptocurrencies precisely at the wrong time — when speculative buying has reached a frenzy, crypto exchanges are overwhelmed and prices are on the brink of the next crash.

That’s a shame for two reasons: They lose a lot of money. Then they lose interest, bow out and miss out on the truly big opportunities.
 

Martin

Weiss Ratings

Recently, agency upgraded the rating of bitcoin from C + to B- in light of the development of technology Lightning Network.

Poloniex Wants to be Tron Super Representative

If the exchange will be elacted, it will be able to participate in the distribution of awards for one and a half million TRX daily
18 November 2019   62

The Poloniex cryptocurrency exchange this Monday announced the nomination of its candidacy for the role of validator in the blockchain project system TRON.

If successful, the exchange will be able to participate in the distribution of awards for one and a half million TRX daily. At the time of publication, she ranks 92nd in the general list of candidates with 32,626 votes, while the last super-representative in the 27th position has 262,320,639 of them.

Some time before, Poloniex opened several trading pairs for the TRX exchange and announced an official collaboration with Justin Sun's project.