RATE Group | Bitcoin Takes 11th Place, EOS Still Leads
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Bitcoin Takes 11th Place, EOS Still Leads

31 Jul Bitcoin Takes 11th Place, EOS Still Leads

Posted at 20:16h in Cryptocurrency News by

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In its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, application and innovation. The ranking results were published by Forex Crunch on July 31.

The CCID Research Institute is an initiative of China’s Ministry of Industry and Information Technology that provides a monthly assessment of cryptocurrency projects. The assessment takes into account 37 cryptocurrencies and considers their properties such as basic technology, applicability and innovation, which put together form a total value index.

Cryptocurrency project EOS (EOS) leads the list, having gained the highest number of points at 153.1. EOS is followed by Ether (ETH) with 148.6 points, while Tron (TRX) took third place. Open-source, enterprise-grade project NULS (NULS) and blockchain project GXchain are ranked fourth and fifth, respectively.

Bitcoin scored only 103 points in the assessment, which brought it to the eleventh…

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