60% of Users Prefer XRP Over Any Other Cryptocurrency, Weiss Ratings Poll Concludes

XRP, the native token of the blockchain developed by Ripple, has had an excellent positioning in the community during the last months. Not only is the Ripple Army considered one of the most influential crypto-players of the past year, but the token remained in the second position of the global market cap for a considerable amount of time.

However, it is not only a question of commercial success. Ripples public relations stunt is remarkable. While the community viewed the token in its early years with disapproval for contradicting the core philosophy of crypto, now, the news about XRP are some of the most widespread precisely thanks to the union of its community.

The high acceptance of the token is one characteristic that risk evaluators take into account when rating a particular asset, and in the case of cryptocurrencies, Weiss Cryptocurrency Ratings has built a reputation in the community as one of the most credible and active evaluators in the crypto-verse.

In a survey posted on its Twitter account, Weiss Cryptocurrency Ratings asked its followers for their favorite cryptocurrency. With this they expected to measure the communitys perceptions objectively and whether general preferences had changed over time.

XRP is The Favourite Crypto ETH is Declining in Popularity

According to the results, although BTC dominates the market, 60% of the 8505 voters chose XRP as their preferred cryptocurrency. This does not necessarily mean it is the most widely used, but it is undoubtedly the one that raises the most optimism.

The second place goes to Cardano (ADA) with 24%. The third generation blockchain had much hype a few months ago, but lately, the enthusiasm of the community has declined despite the IOHK team being active in its development, meeting the goals set in its roadmap.

Bitcoin (BTC) is in third place with 12% of the votes, while Ethereum (ETH) was in the last place with only 4% of preference. It is relevant to note that these results are entirely subjective and that the market for crypto (especially altcoins) is extremely volatile, and news can often mean double-digit gains or losses in short periods of time.

So far the Weiss Cryptocurrency Ratings team has published no reaction or analysis; however, they take these results into account when preparing and publishing their next report, in which they give a rating to each blockchain based on a set of standards imposed by the firms team of experts.

The post 60% of Users Prefer XRP Over Any Other Cryptocurrency, Weiss Ratings Poll Concludes appeared first on Ethereum World News.

14.03.2019 / 08:30 68
Weiss Ratings 2019 Prediction: Bitcoin Will Reach a New All-Time High Weiss Ratings 2019 Prediction: Bitcoin
A new year means more speculative cryptocurrency predictions. Many predictions last year didnt envisage the enormous bear market that characterized
XRP, Stellar, EOS and Cardano Rated as The Best Coins by Weiss Cryptocurrency Ratings XRP, Stellar, EOS and Cardano Rated as
Weiss Ratings published the latest update of its popular cryptocurrency ranking, evaluating 111 tokens out of a total of more than 3000 studied
Ripple XRP Voted as The Best Crypto to Buy Under 1$ Ripple XRP Voted as The Best Crypto to
A recent poll by Weiss Ratings revealed that the Twitter community considers XRP (the token running on the Ripple blockchain) as the best opportunity
Weiss Ratings Report Shows a Nice Picture for Cryptos. Weiss Ratings Report Shows a Nice
Weiss Ratings, a veteran firm dedicated to analyzing investments, published its latest update of the Weiss Cryptocurrency Rating on May 25, 2018. Dr
Weiss Ratings Releases 93 Free Cryptocurrency Grades This Week  With 7 Major Winners Weiss Ratings Releases 93 Free
Weiss Ratings, a private company which provides research and analysis for consumers and business professionals, has released its list of 93
Weiss Ratings: Cryptocurrency Will Become Fundamentally Safer Than Banks Weiss Ratings: Cryptocurrency Will
The founder of Weiss Ratings Agency Martin D. Weiss has forecast that an upcoming rule change in US banking will compel investors to move their money
Comments (0)
Add a comment
Comment on