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 Information Industry Growth (CCID) has actually launched its 4th ‘Crypto project positions’, where the top 3 placements have been taken by EOS, Ethereum as well as Komodo. Bitcoin goes to the 10th placement.

CCID started the ranking procedure in May, where it rated an overall of 28 cryptocurrencies. Throughout the following 3 months, it added two, one and 2 coins specifically to the listing. The most up to date ranking that it has released puts EOS and also Ethereum in the top two placements.

Nonetheless, the biggest shock is Komodo rising up to the Third position from it’s previous ranking of 10. It is said to be an enthusiastic job which allows independent blockchain developers to start their very own task and put up an ICO. Additionally, a decentralized exchange is on the cards of the project.

Ranking Method
China Electronic Devices News Agency, which is governed by CCID, says that the ranking are offered based on “A thorough examination as well as examination of the general public chain from 3 aspects; standard modern technology, application as well as technology”.

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

Apart from these, Nebulas is ranked Fourth, NEO at 5th and Stellar at Sixth. Surprisingly sufficient, a few of the leading coins by market cap, such as Surge, Bitcoin cash and also Litecoin, do not showcase in the leading 10 of CCID’s rankings.

© Copyright 2018. ethereum star. Designed by Space-Themes.com.