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In the latest report, Weiss Ratings downgraded Litecoin and Cardano, while Monero he was promoted.
Ratings Litecoin and Cardano dropped from "C +" to"C". Litecoin's risk / reward score remains at “D,” both of which are rated “weak,” while the level of technology / acceptance is “B +,” the first being rated as “satisfactory,” and the second as “excellent.” Cardano has a “D-” rating for risk and reward, but a “B +” for technology and acceptance.
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Last time, LTC and ADA were on the 4th and 5thplace accordingly, now both coins have fallen in the cryptocurrency rating. BTC and ETH top the list with their B-classes, followed by four coins with a C + rating.
One of them is Monero, whose rating has been upgradedfrom “C” to “C +”. Cryptocurrency risk and reward were rated “weak” and rated “D +”. Evaluation of technology and adaptation is “B”, so “good” in both cases.
Weiss ratings give cryptocurrencies ratings from A to F, while a plus or minus sign indicates the upper or lower third of the rating range.
Agency recommends “keep in mind that ratingsWeiss Crypto Rating reflects not only long-term, relatively stable factors, such as technology and implementation, but also short-term, volatile factors, such as investment risk and reward. Therefore, they can change with a certain frequency. "