EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

Home » News » EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government
August 20, 2018 by
EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

Unusual, yet real. The China Centre for Info Market Growth (CCID) has launched its fourth ‘Crypto project rankings’, where the top 3 placements have actually been taken by EOS, Ethereum as well as Komodo. Bitcoin goes to the 10th placement.

CCID began the ranking process in May, where it rated a total amount of 28 cryptocurrencies. During the following 3 months, it included 2, one and also two coins specifically to the listing. The most up to date ranking that it has released places EOS and Ethereum in the top two positions.

Nevertheless, the most significant surprise is Komodo rising to the 3rd placement from it’s previous position of 10. It is said to be an ambitious job which allows independent blockchain designers to begin their own job and also put up an ICO. Likewise, a decentralized exchange gets on the cards of the task.

Ranking Method
China Electronic Devices News Agency, which is controlled by CCID, states that the position are given based on “A comprehensive investigation and also evaluation of the general public chain from three elements; fundamental innovation, application and development”.

Nevertheless, the positions do rule out the financial point of view, which includes the coin rate, market capitalization and also the trading volumes, which warrants why Bitcoin is not in the top position.

Besides these, Nebulas is rated Fourth, NEO at 5th and Outstanding at 6th. Remarkably sufficient, some of the leading coins by market cap, such as Surge, Bitcoin cash money and also Litecoin, do not feature in the top 10 of CCID’s rankings.

© Copyright 2018. crypto nyc. Designed by Space-Themes.com.