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

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

Surprising, yet real. The China Centre for Info Market Advancement (CCID) has actually launched its fourth ‘Crypto job rankings’, where the leading 3 settings have been taken by EOS, Ethereum and also Komodo. Bitcoin goes to the 10th position.

CCID began the ranking procedure in May, where it rated a total amount of 28 cryptocurrencies. During the complying with 3 months, it included two, one and two coins specifically to the listing. The latest position that it has actually released puts EOS as well as Ethereum in the leading 2 positions.
Nevertheless, the most significant surprise is Komodo rising to the Third placement from it’s previous ranking of 10. It is claimed to be an enthusiastic task which allows independent blockchain programmers to start their very own task and also set up an ICO. Likewise, a decentralized exchange is on the cards of the task.

Ranking Methodology

China Electronics News Agency, which is controlled by CCID, states that the position are given based upon “An extensive examination and examination of the public chain from 3 aspects; basic technology, application and development”.

However, the positions do not consider the monetary perspective, that includes the coin price, market capitalization and also the trading quantities, which warrants why Bitcoin is not in the top placement.

Besides these, Nebulas is rated Fourth, NEO at 5th as well as Excellent at 6th. Remarkably enough, some of the top coins by market cap, such as Surge, Bitcoin cash as well as Litecoin, do not feature in the top 10 of CCID’s positions.

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