Weiss Ratings Boasts Ripple’s XRP Token Is The Only Crypto With Clear Use

2018-9-22 18:38

Earlier this week Weiss Ratings declared in support of Ripple’s XRP despite the condemnation the cryptocurrency has been receiving recently.

Weiss said they are seeing series of hostilities against the cryptocurrency, however, Weiss said it’s wondering why, since Ripple has a clear use in the crypto world when compared to other cryptocurrencies without use cases but with shady motives.

They went on to praise XRP for trying its best to get rid of middlemen involved in interbank transactions. Later, the rating agency, which has provided market research and analysis for consumers and businesses for more than four decades, says four coins, in particular, are “absolute steals.”

If you believe #crypto market will return to its former glory, the benchmark for a 10X gain, is a 90% retracement. As of today, here are a few of top-25 coins that are at or above a 90% pullback: #IOTA = 90%#NEO = 91%#XRP = 93%#ADA = 96%
These are absolute steals right now!

— Weiss Ratings (@WeissRatings) September 17, 2018

It is quite interesting to address those who believe in a possible 10x gain. This could be very important for those who base their investments on fundamental analysis. Of course, being a tweet, they have not given much detail; however, subscribers will enjoy more information about each of these altcoins and other investment strategies.

Other cryptocurrencies that have a promising future according to Weiss Ratings analysis are Nano, Basic Attention Token (BAT), Stellar (XLM) and EOS.

Here are some of the #cryptocurrencies which look very promising:#NANO, Basic Attention Token (#BAT), #XLM, #EOS, #XRP.

— Weiss Ratings (@WeissRatings) September 17, 2018

Weiss rating tweets follow one that generated quite a stir among its followers. Commenting on an article about Bitcoin dominance over the global market cap, the firm stated that the adaptability of Ethereum blockchain makes feasible that in approximately 5 years, Ethereum becomes the new Crypto-King.

#Bitcoin will lose 50% of its #cryptocurrency market share to #ETH within 5 years, due to it offering more uses and being backed with superior #blockchain technology. We completely agree – unlike #BTC, which is a one-trick pony, the limit of ETH’s application is sky itself.

— Weiss Ratings (@WeissRatings) September 18, 2018

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Ripple (XRP) на Currencies.ru

$ 0.5114 (-0.05%)
Объем 24H $1.027b
Изменеия 24h: -0.18 %, 7d: -2.30 %
Cегодня L: $0.4973 - H: $0.5173
Капитализация $29.084b Rank 7
Цена в час новости $ 0.5685 (-10.04%)

weiss use ripple cryptocurrency said clear xrp

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Weiss Ratings: Биткоин провалил свою задачу стать валютой

По мнению Weiss Ratings, биткоин провалил свою задачу «Р2Р-электронные наличные» и, следовательно, провалил миссию в качестве валюты. Sadly, #bitcoin has ultimately failed as a currency – people mainly use it for speculating.

2018-8-24 21:18