RATE Group | China Publishes July Cryptocurrency Rating Index, EOS Still On Top, Ethereum Ranked Seco…
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China Publishes July Cryptocurrency Rating Index, EOS Still On Top, Ethereum Ranked Seco…

25 Jul China Publishes July Cryptocurrency Rating Index, EOS Still On Top, Ethereum Ranked Seco…

Posted at 00:23h in Cryptocurrency News by

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The Chinese government has recently released its third edition of its Cryptocurrency Rating Index. This latest edition lists the top 31 cryptocurrency projects to date, with EOS holding at number one followed by Ethereum at number 2. Top-ranked cryptocurrency Bitcoin found itself down in 16th position.

China’s Center for Information Industry Development (CCID) began its monthly cryptocurrency ratings index in May of 2018. The index breaks down each cryptocurrency project into three categories: technological capability, usefulness of application and innovation. EOS has held the number one spot for the last two months, however, its total score has dropped from 161.5 last month to 145.6.

Ethereum, which came in first during the May edition of the index, has continued to hold its second-place rating with a score of 137.3, followed by Nebulas at 108.8, GXChain at 108.3 and China’s NEO project in fourth place at 107.4. Ethereum has continued to improve from its first place 129.4 score…

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